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Bullboard - Stock Discussion Forum 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... see more

TSXV:FEN - Post Discussion

FORENT ENERGY LTD. > Q3 and New Investor Presentation
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Post by BayStreetVic on Nov 27, 2015 12:05pm

Q3 and New Investor Presentation

Good read. Nothing earth shattering but the name of the game seems to be hunker down, acquire assets and wait for the eventual price rebound. Essentially 2017 before any new drilling or enhanced recovery projects. Suits me just fine. There will be some real bargains coming up early next year as the cash begins to really dry up for some companies not in the position to weather this storm.. Some prime land will become available for FEN to snap up. We could conceivably exit 2016 with 1000bbls without much dilution and that's without any drilling.. Keep an eye on this one, they're in it to win it. Now is a good time to average down for those of us that have been here a while (IMO).. GLTA!
Comment by Phonse47 on Nov 27, 2015 8:02pm
i would have liked to hear more about the non brokered placement which is under consideration. Since the closing of this most recent aquisition is early December there is not a lot of time for announcements in this regard. They probably have some interested party/s already so i am sure there will be more news sooner than later. With production doubled and expenses reduced 50% we will be close to ...more  
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