Post by
spacegimp on Aug 04, 2017 8:18pm
lowest decline rate
and low operating costs , they will have plenty of cashflow to steadily pay off credit facility ...perhaps the new owners have expansion plans and just need 6-12 months to get a good feel for the operation and also wait a bit for a healthy price of oil , I am not worried about this company because the current management team is excellent and sharp as a tack just listen to conference call if you have any doubts
Comment by
xbox360 on Aug 08, 2017 2:31am
if and only if the new owners do not exploit the majority ownership benefit too much. i wonder how much waterous is getting paid as the company chair. the information is not available any where.