Long Run Explor Ltd Ord WFREF

pennwest get 975 mil for 13000 boe

[soundandfury]

long run got 700 mil for 30,000 boe...................................something is wrong with this picture.................maybe investment canada should reopen bids for long run just to make sure there are no higher offers...........................heheheh

[Bookends]

87% liquid... It's a darn fine property. From my info, it was 18500 barrels.

[mohsin6]

time was different as oil prices is different and situation is different and most of all as bookends said it property is different.  Every deal has a better or lesser of a deal. you take what you can get when times are bad.  This deal will go through pretty much as I know Sino by all counts according to Long Run have the funds but just making sure they agree with all the polices and

[Shlinker_]

EXACTLY...what a f_cking scam this has been right from day one. LRE management should be in jail.

[robbie80]

According to pennwest most recent corp presentation, pennwest gets $100-200 mil for 20,000 boe from natural gas assets. Considering current low price, the price depends the operating cost of the assets.  If banks don't force debt repayment immediately, Long Run should have got better price on assets sale and shareholder value.  

[Reflect]

Shlinker: I've been saying this right from the very start & people were cursing me. Now "the blind can see!" This is a shafting of the small investor & the facts prove it.

[Scottie99]

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