Lightstream’s first quarter results presented few surprises with production of 35,179 boe/d and cash flow of $52.5 mm or $0.27 per diluted
share coming in line with our estimates of 34,295 boe/d and $53.7 mm or $0.27 per diluted share. On the operations front, the Company’s 1Q15 drilling program, which was focused on the Cardium and Bakken, represented the lion’s share of the 2015 drilling plans as the focus now shifts to the completion of a small backlog of wells in inventory, the ongoing ren ....
06 May 2015
Lightstream Resources Ltd. (LTS) Reports 1Q15 Results, Imminent Resolution on Debt Terms
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Lightstream Resources Ltd. (LTS) Reports 1Q15 Results, Imminent Resolution on Debt Terms
- Published:
06 May 2015 -
Author:
Cody R. Kwong -
Pages:
7
Lightstream’s first quarter results presented few surprises with production of 35,179 boe/d and cash flow of $52.5 mm or $0.27 per diluted
share coming in line with our estimates of 34,295 boe/d and $53.7 mm or $0.27 per diluted share. On the operations front, the Company’s 1Q15 drilling program, which was focused on the Cardium and Bakken, represented the lion’s share of the 2015 drilling plans as the focus now shifts to the completion of a small backlog of wells in inventory, the ongoing ren ....