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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 Kingscourton May 14, 2013 12:41pm
144 Views
Post# 21390090

RE: RE: RE: RE: 1st Q & May div

RE: RE: RE: RE: 1st Q & May div

Finally had an opportunity to have a real quick look over the earnings release posted here on stockhouse. As Bigbank stated, it is made quite clear these numbers are for Pace only except for two days. March 30 and 31. It is beyond difficult to try and guage any successes or failures based on this information. The one point I would make, and am not impressed about is that there is no mention of any debt repayment as  I believe they had previously stated they would be allocating $1m a month towards debt repayment  for the remainder of 2013. They do state they expect debt levels to remain the same through to 2014. As I said, only had a quick look. Let me know if anyone has seen otherwise. 

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