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FORENT ENERGY LTD. V.FEN

"Forent Energy Ltd is an oil and gas exploration, development and production company with mineral rights holdings, reserves, and production in Alberta, Canada. The company does a production of oil reserves through development drilling on three core properties in south-central Alberta; Twining, Provost, and Wayne. The majority of Forent’s production is generated from these properties. The firm generates the majority of its revenue from Oil sales."


TSXV:FEN - Post by User

Bullboard Posts
Comment by squattopon Apr 01, 2013 6:55pm
223 Views
Post# 21194817

RE: RE: some new opines?

RE: RE: some new opines?

i hold here too so get that out of the way.

i think that alton is more a point of pride and will be tackled again down the road but off the radar for awhile.

my read on the situation at montgomery is that all concerned are evaluating whether to equip the well with artificial lift for more test/possible production before next step.similar arrangement for another verticle at partner's expense is ok but doesn't get you much short term.re-negotiate participation for a frac and horizontal next go-round pretty well blows the cash on 1 shot so not likely but could happen on a make or break deal.

i just can't see b. wilsons involvement in that kind of gamble right now with all knowing that a good chunk of fen's sp and creds come from him.if i see him on bnn shilling the co. i will change the tune.

more likely(to me anyhow) is some kind of merge(rto maybe with consolidation and new cash raise?),scoop of 'distressed' ,producing,assetts that need only tlc and prudent money;or a new jv with someone else-somewhere else.

we'll see i guess but i'm not sweating couple cents either way for awhile.

btw,tuzo (cowtown private,us money) is poking around down there too.

glta

Bullboard Posts