jtrain, I know that you are coming from SEA. fyi, SEA currently...

  1. 228 Posts.
    jtrain,

    I know that you are coming from SEA.

    fyi, SEA currently trades at $46/boe of Proved Reserves (64% light oil) while
    LNR currently trades at $23/boe of Proved Reserves (87% light oil).

    Hope you understand the implications from this tremendous valuation gap.

    Moreover, this below is the table with LNR's major shareholders. You can also find it at LNR's presentation or you can contact the company. Hope you can read that the INSIDERS OWNERSHIP remains 65%, which is the highest among any E&P company I know.

    SEA's insiders ownership is well below 10%.
    and Please post the link and your official sources in case you have a different figure.




    Column 1 Column 2
    1 Major Shareholders
    Stake
    2 EWPO/EH/EHL
    58.83%
    3 Lonestar Management
    5.9%
    4 Wyllie Group Pty Ltd
    5.3%
    5 Adam Smith Asset Management
    1.2%
    6 Colonial First State Global AM
    1.0%
    7 Industry Funds Management
    1.0%
    Last edited by sirkiteman: 15/08/14
 
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