Exploration & Production | Capital Markets | Private Equity Activity
Long Run Plans 12 Wells in Q2; Tags 25,000 BOE/d Guidance
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Long Run Exploration Ltd. has reported an update on the Company's operations, including its activity in the Kaybob, Montney and Viking plays.
Operational UpdateLong Run's current production is approximately 24,250 boe per day, including approximately 10,750 barrels per day of crude oil, 1,550 barrels per day of NGLs, and 71.7 million cubic feet of gas per day, based on field estimates. In May, planned facility maintenance and turnarounds were completed including a major facility turnaround at Kaybob. This facility returned to full operation during the first week of June, per internal forecasts. The Bruderheim South field northeast of Edmonton at Redwater resumed production in mid-June after a third party planned turnaround that lasted one week. These turnarounds were included in…
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