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Antrim Energy Inc. ATGYF

Energy Oil & Gas E&P
"Antrim Energy Inc was incorporated on September 29, 1999 in Canada. The Company is engaged in the business of oil and natural gas acquisition, exploration, development and production in international locations. The Company, through its subsidiaries, conducts exploration activities in the United Kingdom and Ireland."


OTCPK:ATGYF - Post by User

Antrim Energy Inc.
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Comment by xyellowkniferon Nov 16, 2008 1:54pm
487 Views
Post# 15589571

RE: Falling oilprices and credit crunch-NS

RE: Falling oilprices and credit crunch-NS
IMHO, Antrim is in great shape to weather this crisis. Although Argentina is not sexy, it does pay the bills and with emphasis on Argentina production as opposed to exploration, we should be ok in 2009. Also our financial obligations are very low, 49mil in the bank and an approved 50mil credit line. I expect that Oilexco and others will have more problems considering their debt load - what a great time to be debt free and proven reserves with an adjacent production platform available at Causeway.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities