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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

Comment by BayStreetVicon Nov 27, 2014 3:44pm
81 Views
Post# 23171350

RE:not a fail! progress not perfection

RE:not a fail! progress not perfectionYes, you are correct..steady incremental gains. At this rate it will take 32 years to reach 500boe. M&A you say? Here is what we know, FEN has little in the way of actual production, $5.6m in debt and enough upper management to choke a dozen donkeys..oh and did I mention an $8.5m market cap? Shareholders (myself included) would get the long hard pointy end of any "merger".
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