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Bullboard - Stock Discussion Forum Long Run Explor Ltd Ord WFREF

"Long Run Exploration Ltd is engaged in the development, exploration and production of oil and natural gas in western Canada."

GREY:WFREF - Post Discussion

Long Run Explor Ltd Ord > What exactly is there hedge
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Post by Thanksforplaying on Dec 12, 2014 2:05pm

What exactly is there hedge

Anybody know?
Comment by theman0 on Dec 12, 2014 2:11pm
It was in their investor presentation but it appears they are updating all the info for a big release next week.
Comment by theman0 on Dec 12, 2014 2:23pm
I do not remember the exact amounts, but I do know that many of the costless collars go all the way out to the end of 2015. These derivative positions are hugely in the money right now. Perhaps LRE will or already have covered these positions at a massive profit. I guess we will find out next week.
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