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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. > Anyone Still Here???
View:
Post by argaiv on Mar 01, 2011 1:55am

Anyone Still Here???

Jeeze I thought this company was finally going to get its act together and instead it is the slow drift down into lost my money land.
Comment by uograd on Mar 03, 2011 8:51am
Yes this is a pretty sad situation.  It has been about 6 weeks since they announced  trouble with that cardium well and no updates so my suspiciion is they are looking for a white night as they were negative cash flowing before they got into that mess with that cardium well which was too bad as it looked like a good wel.
Petroglobe Inc.
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