Excelerate Energy Inc T.EE.DB

Primary Symbol: EE

Energy Oil & Gas Midstream

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.

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Excelerate Energy Inc > Rig Release

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Comment by oilwatcher13on Nov 14, 2013 12:44pm

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Post# 21906240

RE:Rig Release

Dueck can't afford to pay the bills anymore, since they have spent all the money and can,t borrow anymore from their overdrawn bank line which is outside it's convenents... IMHO

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