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Bullboard - Stock Discussion Forum Petroglobe Inc. PTGBF

Energy Oil & Gas E&P
"PetroGlobe Inc is engaged in the exploration, development, and production of oil and natural gas in Canada. The Company holds interests in Pembina Cardium light oil, Pembina Edmonton Sands natural gas, and Red Earth Slave Point light oil properties located in Alberta, as well as Sawtooth oil property situated in the Grand Forks/Taber area in southern Alberta."

GREY:PTGBF - Post Discussion

Petroglobe Inc. > Fall Presentation Looks Good
View:
Post by smithgee on Dec 30, 2009 1:41pm

Fall Presentation Looks Good

PetroGlobe Inc. is an emerging oil and gas company headquartered in Calgary, Alberta, Canada. PetroGlobe creates long-term value for its shareholders by exploring for, acquiring and developing high-quality oil and gas prospects in Western Canada and the United States of America.

The are cashed up and are drilling in the Cardium basin and expect to hit 600 bod by Q1 ... current price .155.

Read more in this presentation.

https://www.petroglobe.com/Site_Files/My_Files/Presentations/PetroGlobe%20October%20Corporate%20Presentation.pdf
Comment by Naamkat on Jan 03, 2010 2:03pm
I see PGB as one of the better micro juniors in the Cardium play.  They have an excellent land spread for a company with 300 boe/d all of which is close to or contiguous to recent successful horizontal activity, no debt and enough production & resultant cash flow to get going.  Compared to stratospheric valuations like that of RTE or the financial weakness of ...more  
Comment by GambitX on Jan 04, 2010 7:57am
Where did you get the information that they are debt free? Like you said, the website doesn't support that.
Comment by Naamkat on Jan 05, 2010 1:01am
Idiots that they are.  SEDAR.Is anyone from the company watching?  Get off the dime you guys.Regards,Naamkat
Petroglobe Inc.
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