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Eagle Energy Inc EGRGF

Eagle Energy Inc is a Canadian company operating in the Energy Sector. The company is engaged in the acquisition, exploration, development and sale oil & gas and hydrocarbons with operations in Alberta, Canada and Texas, United States. While derives majority of its revenue from Canadian operations.


EXPM:EGRGF - Post by User

Comment by LuckyLadyon Mar 07, 2019 10:30pm
77 Views
Post# 29459211

RE:RE:RE:RE:RE:Hardeman Basin/North Texas -Up For Sale

RE:RE:RE:RE:RE:Hardeman Basin/North Texas -Up For SaleFirst the lender has not closed the doors , why the delay on the  loan clearance.?

I am thinking oil price’s have bounced back 25 % this year to add major cash flow with hedges still in play .

Maybe a deal is on the table?
One thing is clear , G&A is out of control and this needs to be addressed, insiders need to buy more stock or give them the boot!

They sell any assets this cost will ballon higher , and the board knows this so they are in a box .

Texas will sell faster , Dixonville will be give away .
Either way the stock is worth way more to a take over or merger .

Either way change is coming..
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