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Bullboard - Stock Discussion Forum Rooster Energy PRBEQ

Energy
"Rooster Energy Ltd is an oil and natural gas exploration and production company which is engaged in the acquisition, development, and exploration of petroleum and natural gas and the delivery of well intervention services. It provides plugging and abandonment services in the Gulf of Mexico. The company operates through Oil and natural gas, and Well services segment."

Bullboard (GREY:PRBEQ)

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Comment by Burnermanon Dec 19, 2016 6:31pm

RE:RE:RE:The deadline is around the corner

Mr. West. If what you are suggesting is correct that would be promising. If you know this then management would know this as well so why mention the "b" word? In the past couple of releases ...more  
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Discussion
Comment by westcoast1000on Dec 19, 2016 2:40pm

RE:RE:The deadline is around the corner

The reason we had to accept a waiver to the terms of our previous financing was because they sold their hedges. I am confident hedges were required under the previous terms. That proved to be a wise ...more  
120
Discussion
Comment by fagiani24on Dec 19, 2016 1:01pm

RE:Contract Money

For all our sakes, I really hope you are right.
49
Discussion
Comment by Olive777oilon Dec 19, 2016 12:45pm

RE:The deadline is around the corner

I don't expect any financial deal during holidays when most of the banks are almost closed.
48
Discussion
Post by BrokeNewbieon Dec 19, 2016 11:13am

143 pershing starting to buy again

Makes me believe we should be ok, unless they gambling
51
Post by Burnermanon Dec 19, 2016 7:49am

Contract Money

The decommissioning contract is expected to be completed by the end of the year. It was worth 21.8 million. The profit made from that contract would go a long way to securing financing or extending ...more  
117
Discussion
Comment by redgreen66on Dec 18, 2016 10:50pm

RE:RE:RE:RE:The deadline is around the corner

I was thinking this as well. Same goes with the large payment of salaries as this wouldn't look good right before a bankruptcy if the whole mess was taken into court by shareholders. My only ...more  
90
Discussion
Comment by Olive777oilon Dec 18, 2016 8:05pm

RE:RE:RE:RE:RE:The deadline is around the corner

If the company issues billions of new shares on the market, Mr Morrison will also see a huge dilution.
50
Discussion
Comment by Burnermanon Dec 18, 2016 5:55pm

RE:RE:RE:RE:RE:The deadline is around the corner

I don't know if that would happen in this case. Chet Morrison would be slashing his own throat  because he owns the majority of the shares. It's the same reason I thought this one was ...more  
72
Discussion
Comment by fagiani24on Dec 18, 2016 2:18pm

RE:RE:RE:RE:The deadline is around the corner

What really worries me is this. Same thing happened with Anderson Energy, they hired a firm to a financial plan. Outcome was they issued debt holders billions of shares, made shareholders stocks ...more  
74
Discussion
Comment by Burnermanon Dec 18, 2016 1:04pm

RE:RE:RE:The deadline is around the corner

Yes you are right. If I would have put my money into Aphria instead of COQ I would be retired by now. I am looking at losing $70,000 if they don't get financing. Even if they do the odds of this ...more  
72
Discussion
Comment by Burnermanon Dec 17, 2016 7:37pm

RE:The deadline is around the corner

If they were planning on closing the doors there would be no point in mentioning the annual meeting for 2017 or hiring a financial consulting company. I believe they had prior contact with this firm ...more  
83
Discussion
Comment by Burnermanon Dec 17, 2016 7:25pm

RE:The deadline is around the corner

I'm guessing they thought they had a deal in place and it fell through at the last minute. Let's hope the new company is not afraid to work a little overtime during the holidays and put a ...more  
65
Discussion
Post by Olive777oilon Dec 17, 2016 7:03pm

The deadline is around the corner

Why did they wait so long before hiring a financial company to help them? Just 2 weeks left and this is during the holidays season. It does not make sense. Good luck.
121
Discussion
Post by Burnermanon Dec 17, 2016 3:17pm

Funds

Does anyone know when the balance is due on the decommissioning contract? Those funds would certainly assist in refinancing as long as they don't pay themselves first.  
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