Post by
qwqw on Jul 30, 2015 7:35pm
Still trading for $26,000 per flowing boe
Using current production of 31,500 boepd and lower debt levels,LRE still trades for $26,000
per flowing boe and $5 per boe of reserves.How many companies with over 5000 boepd
(40% liquids) have ever been takeover for less than these metrics.I can't name any that have.
Comment by
Iamwcw on Jul 30, 2015 7:46pm
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