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Lightstream Resources announces $141 million asset disposition


Published Apr 16, 2014
Lightstream Resources Ltd.

Lightstream Resources Ltd. provide an update on our operations and announce an agreement to sell our southeast Saskatchewan Conventional business unit royalty interest package for gross proceeds of $141 million.

Operational Update

Consistent with our investment profile in 2013, the first quarter of 2014 is projected to be our most active capital quarter for the year. In the first quarter of 2014 we drilled 50 wells, or approximately 55% of our annual program, with the Cardium continuing to be our busiest area.

Tags: Lightstream Resources Ltd.




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