Long Run Explor Ltd Ord WFREF

Quick comparison to other Canadian small cap high debt

[Oilworker79]

Lre
68 m cash flow q4
2.7 debt to cash flow on annualized Q4
32-33k boe/d average 2015 guidance 
36 502k boe/d q4
100 m 2015 cap x
Ev-929 m
P2 reserves 170 625 m boe

Lts
89 m cash flow q4
4.6 debt to cash flow on annualized Q4
30.5-32.5k boe/d average 2015 guidance
36 472k boe/d q4
100-120 cap x 2015
Ev-1861 m
P2 reserves 161 222 m boe

Lre has 76.4% the cash flow of Lts as of q4
Based on the valuation of cash flow to EV if lre traded at the same valuation as
As Lts should be worth 1421 m

[specky]

Definitely a take over candidate and obviously being assisted with the selling pressure... Quite clear that lre will manage through the downturn unless oil move to 40 for next year...a good question for management is would they actually take $2 per share?big oil and gas could only dream to get lre assets.. Why not institute share buy back and debt reduction?

[Reflect]

AT this time share buy back would be foolish. At these share prices LRE is a tremedous buy for long term & monies at this time would be most beneficial in addressing the debt & not falling behind with leveraging etc. LRE is diversified in oil & gas & is not sellling assets to buy back shares in hopes of maintaining an artificial manipulated share price. To look at how high

[specky]

I hear what you are seeing and see the price undervalued based on total assets/ debt....cost of production oil..present hedge and based on this...see present price per share as a potential take out target...time will tell..

[Ahkenahmed2]

Debt reduction first and foremost as this company's share structure is pretty good actually, no need to copy American style, and yes, one's patience here will be warranted. GLTA