Post by
barneyj44 on Nov 28, 2014 12:45am
Long Run compared to Whitecap:
Wcp debt of $676 million, Crude BB:22160, Ngl 2863, Nat gas 59,498 mcf/d for a total of 34940 boe/d Long Run debt of $719 million, Crude BB 13071, Ngl 3031, Nat gas 112.161 for a total of 34795 Nat gas has faired pretty good over the last couple of months, what was once our Achilles heal could be our saving grace....
Comment by
Shlinker_ on Nov 28, 2014 12:58am
true enough barney....now if we could only find out if they sold those killam assets...1900 bpd. might equate to 130-150M towards the debt.
Comment by
OneStar on Nov 28, 2014 8:03am
Shlinker What assets are for sale? I undrrstand that lre is looking at dispositions but not at firesale prices
Comment by
Shlinker_ on Nov 28, 2014 9:16am
https://www.petersco.com/pdf/LongRun_SouthernAlberta_InformationMemorandum.pdf See link. Time has come and gone for the sale, and no news. Perhaps this is why LRE has taken more of a hit above all peers.
Comment by
theman0 on Nov 28, 2014 9:42am
Thanks for the link. It is possible they have made a deal; but perhaps things have not been completely finalized to allow for an announcement.