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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 Phonse47on Dec 02, 2014 7:47pm
103 Views
Post# 23188176

RE:RE:RE:RE:RE:RE:RE:Reading between the lines,

RE:RE:RE:RE:RE:RE:RE:Reading between the lines,
apology accepted! And i understand your, my our frustration with share price/ quasi market value. Like you i am here a long time. Lets not loose sight of what DID happen. Great production, well executed infill drilling program, increased revenue in a declining price environment. New aquisitions and resource potential and highly rewarding horizontal drilling identified.Painfull increase in debt and unnacceptable net back. Much poitive and some real concerns. I think this is where faith in all of our assets gets tested. Do you believe there is enough wisdom at the table to respond to increased debt and extended net back issue? On balance, i conclude, YES.
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