Profile: Long Run Exploration Ltd (LRE.TO)

LRE.TO on Toronto Stock Exchange

5.84CAD
24 Jul 2014
Price Change (% chg)

$0.13 (+2.28%)
Prev Close
$5.71
Open
$5.73
Day's High
$5.84
Day's Low
$5.69
Volume
874,636
Avg. Vol
824,991
52-wk High
$6.09
52-wk Low
$3.90

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Long Run Exploration, Ltd. is an intermediate oil company focused on light-oil development and exploration in western Canada. The Company’s projects are focused on evolving plays from conceptual to testing into scale development. The Company is focused in three areas in Alberta, such as Triassic oil, Duvernay, and Carbonate oil. The Company focuses on complimentary plays, including Charlie Lake and Doig. Its operations include Kaybob, Peace River Arch and Edam/Lloydminster. The Company has a land position of 600,000 net acres in the multi-zone Peace River Arch. Peace River Arch is its highest producing approximately 10,000 barrel of oil equivalent per day containing 4,000 barrels per day oil, 200 barrels per day natural gas liquids and 35 million cubic feet per day gas. In May 2014, Long Run Exploration Ltd acquired certain strategic oil and liquids-rich natural gas assets focused on the Cardium in the Deep Basin and Pine Creek areas of Alberta.

Company Address

Long Run Exploration Ltd

Livingston Place, West Tower,
Suite 400, 250 - 2 Street SW
CALGARY   AB   T2P 0C1
P: +1403.2616012
F: +1403.2625561

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