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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 Aug 03, 2016 12:17pm
115 Views
Post# 25106628

RE:RE:TSX-Venture near at hand?

RE:RE:TSX-Venture near at hand?amalgamation papers leave plenty of room for a superior offer. Forent is favored with a $500,000.00 payment if Perisson exits. unlikely they will in my opinion.
With $25,000,000 US on hand we will have the capital to develop our low risk opportunities,infill drilling and improving effieciencies of existing production. Hopefully we can explore Montgomery too, probably when prices of oil get in the $50's. Also there are good aquisition opportunities in a distressed environment.
Steady progress is being made. Definetly slower than i expected. Up to Perisson now to show us the money. not long to wait now. I vote "FOR" the amalgamation.
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