Operator · Cardium Shale, Duvernay Shale & Montney Shale
Long Run Exploration Ltd.
26 articles mentioning Long Run Exploration Ltd. · Page 1 of 2
Long Run Scales Back Spending as Default Nears
Long Run Exploration Ltd. announces financial and operating results for the first quarter of 2016.
Long Run Advances Viking, Montney EOR Ops in 2015
Both Montney projects have shown signs of reservoir response in the form of stabilizing and increasing fluid and oil rates.
Long Run Exploration's Credit Facilities Amended to $620MM
The credit facilities are comprised of a $240 million revolving syndicated facility, a $30 million operating facility and a $350 million non-revolving syndicated facility.
Long Run Inks Forbearance Extension Ahead of Takeover
Long Run Exploration Ltd. has entered into an extension to the interim forbearance and amending agreement to its credit agreement with its lending syndicate.
Long Run Exploration to Drill 2 Kakwa Cardium Wells in Q4
Drill 2.0 Kakwa Cardium wells, previously forecast 3.0 Edson Cardium wells in the quarter.
Long Run Raises $200 MM Private Placement
Maple Marathon will hold approximately 43.9% of the issued and outstanding Common Shares of Long Run.
Highly Hedged Long Run's Capex Weighted to H2 in 2015
H2 2015 capital spending expected to be $45 mm, with focus on Redwater Viking and Deep Basin Edson properties.
Long Run Focused on Reducing Operating Costs
Targeting a 10 - 15% reduction in our general and administrative expense.
Long Run Brings Capex Downward; Suspend Dividend
Capital budget directed to development wells in the Deep Basin Cardium and Peace River Montney core areas.
A Look at 2015's Hedging Positions: Part 1
Who is Hedged and how in 2015?
Long Run Lowers Capex for 2015
Development plans for 2015 include up to 15 wells in the Peace River area and up to 25 wells in the Deep Basin.
Long Run Exploration's Cardium Aquisition Provides A Major Presence
Long Run acquires Deep Basin Cardium oil and Natural Gas properties.
Long Run Planning 39 Net Wells, $190MM for Montney, Redwater
Montney forecast $120 MM, 23 wells, Redwater Viking forecast $70 MM, 16 wells.
Long Run Talks Q4; Maintains Focus on Montney, Viking Projects
Long Run intends to focus on continuing to develop our substantial inventory in its core areas in the Montney at Peace River and in the Viking at Redwater.
Long Run Shuffles Board of Directors After Resignation
Long Run Exploration Ltd. has reported the resignation of Mr. Paul Dimitriadis from the Board of Directors effective immediately.
Long Run Announces Capital Program for 80 net Wells
Long Run has built a sustainable dividend plus growth model that anticipates a 2014 capital program of $200 million. This capital program includes the drilling of approximately 80 net wells focused on Long Run's core Peace...
Long Run Maintains Viking, Montney Momentum; Tags Guidance
Current production rates position Long Run to achieve its annual production guidance of 25,000 boe per day.
Long Run Talks Q2 Montney, Viking Ops; Ups Production 40%
Long Run increased average daily production to 24,431 boe per day in the second quarter of 2013, an increase of production per share of approximately 40%.
Long Run Touts 301.2 MMBOE Potential at Montney Acreage
Long Run believes that this resource assessment, combined with development success to-date, demonstrates the significant value of this play as a highly economic and profitable project.
Long Run Taps New VP of Exploration
Jana King is a graduate of the University of Calgary and is a Professional Geologist with extensive experience in the Western Canadian Sedimentary Basin.