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Excelerate Energy Inc T.EE.DB


Primary Symbol: EE

Excelerate Energy, Inc. is a liquefied natural gas (LNG) company. The Company offers a full range of flexible regasification services from floating storage and regasification units (FSRUs) to infrastructure development, to LNG and natural gas supply. The Company operates a fleet of ten purpose-built FSRUs, have completed more than 2,700 ship-to-ship (STS) transfers of LNG with over 50 LNG operators and delivered more than 6,600 billion cubic feet of natural gas through 16 LNG regasification terminals. In addition to standard LNG carrier functionality, its purpose-built FSRUs have the onboard capability to vaporize LNG and deliver natural gas through specially designed offshore and near-shore receiving facilities. Its business spans the globe, with regional offices in approximately 10 countries and operations in the Argentina, Bangladesh, Brazil, Finland, Pakistan, the United Arab Emirates (UAE), and the United States.


NYSE:EE - Post by User

Comment by splurgeon Jan 18, 2012 4:51pm
348 Views
Post# 19419088

RE: this sucks

RE: this sucks

Tough for some companies to get people and equipment. A couple of the wells will be injection wells and 5 or so will likely be wabamun exploratory wells. These won't be hooked up until facilities are in place. The remaining 12 or 13 wells will produce at restricted rates until waterflood permits are complete and inplace (maybe 100bbl per day??). Still an intereting hight netback play that just takes time to roll out. I don't think management is messing up. The play is what it is. They probably have the potential to do a little better than they say. Like before, capacity will be a closely watched number somewhat like the the past given the allowables and nature of this play. I am somewhat disappointed too... however the play is still there and it is not exposed to $2.50 gas. I will be patient. I hope they develop this play with internally generated funds rather than taking a "bought deal cheque". I want to see the per share cashflow numbers flow down to my shares....not some new buyers. 

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