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Calmena Energy Services Inc. T.CEZ


Primary Symbol: BLKWF

Energy Oil & Gas Equipment & Services
"Calmena Energy Services Inc is an energy services company that provides well construction services utilized in the exploration and development of oil and gas reserves."


GREY:BLKWF - Post by User

Calmena Energy Services Inc. > deadline now Jan 8....
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Comment by Freddytrader256on Dec 15, 2014 9:36am
142 Views
Post# 23230437

RE:RE:RE:deadline now Jan 8....

RE:RE:RE:deadline now Jan 8....They had an opportunity to sell the directional business in 2013 for over $25 million.  Would not take it.  Now the directional business has not had a job since mid October, the oil and gas industry is bracing for a down turn.  Going to be a very tough sell and they will be lucky to get 50 cents on the dollar for the directional assets.

This might be a good case for a shareholders class action but I think the majority of the shares are owned institutionally. 

Heads should have rolled over this one.  CEO is going through a divorce so maybe he wanted his assets to worth nothing so she would get less.
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