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Spyglass Resources Corp SGLRF

Energy Oil & Gas E&P Energy
Spyglass Resources Corp is an oil and gas exploration and production company that conducts its operations in the Western Canadian Sedimentary Basin. The Company is a dividend paying, intermediate oil & gas company that trades on the TSX under the symbol 'SGL'. It operates oil and natural gas properties in Alberta, Saskatchewan and British Columbia.


GREY:SGLRF - Post by User

Spyglass Resources Corp
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Comment by RIG500on Apr 22, 2013 12:33pm
146 Views
Post# 21284513

RE: Looks like in hindsight this............

RE: Looks like in hindsight this............

STOP WHINING, AVF management team sold ER for less than 5x EBITDA and Parkland is looking to increase it from $20M to over $25M, AVF's team threw the towel. AVF was profiting from no differentials and from wider differentials thanks to their rail oil business...they flushed it. 

I'd rather stick with SGL, NG prices might still surprise this year taking the debt lower and underpinning the dividend.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities