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Bullboard - Stock Discussion Forum Longford Energy Inc V.LFD

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TSXV:LFD - Post Discussion

Longford Energy Inc > WTI $103. Brent $115
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Post by maysteeler23 on Mar 21, 2011 7:28pm

WTI $103. Brent $115

betcha nobody thought oil would stay this high a month ago. Plus LFD already has a 5000/day discovery which is tied to $115 Brent
Comment by good40 on Mar 21, 2011 8:57pm
Maysteeler... what do you mean that LFDs oil would be tied to Brent ?
Comment by maysteeler23 on Mar 22, 2011 3:11am
LFD's oil will go out thru a Turkey pipeline to Europe. Where Oil prices are tied to Brent. That's why European Billionaire Soros got into LFD.
Comment by good40 on Mar 22, 2011 10:27am
Maysteeler,  I still don't get your point about LFDs oil being tied to Brent.  What happens to the oil after it is lifted ?Are all the different grades of oil from different fields mixed together and transported by the same pipe ?When would LFD get paid for their potential oil ?  I only ask because you have mentioned Brent crude many,  many times and I always thought that ...more  
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