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Bullboard - Stock Discussion Forum Spyglass Resources Corp SGLRF

Energy Oil & Gas E&P Energy
Spyglass Resources Corp is an oil and gas exploration and production company that conducts its operations in the Western Canadian Sedimentary Basin. The Company is a dividend paying, intermediate oil & gas company that trades on the TSX under the symbol 'SGL'. It operates oil and natural gas properties in Alberta, Saskatchewan and British Columbia.

Bullboard (GREY:SGLRF)

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Comment by Jimmy2014on Dec 17, 2014 10:42am

RE:RE:Spyglass to sell 50% of Dixonville Montney C for $100M-

You raised a good point about SGL possibly  restoring the dividend at some future date.  As for the DRIP issue some brokers do have their own DRIP even if it is not a company sponsored one ...more  
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Discussion
Comment by power_auditoron Dec 17, 2014 10:25am

RE:Spyglass to sell 50% of Dixonville Montney C for $100M-

Very nice move by SGL to reduce their debt to $195M and still retain 50% of the very,very low decline Dixonville field...if the field gets back to a production level of around 3100 boe/d...all the ...more  
341
Discussion
Comment by skygardenon Dec 17, 2014 10:15am

RE:SGL Thoughts

You are right--their options were limited--glad to see that they finally eliminated the dividend.  What is difficult to comprehend is that there were still some individuals wanting to maintain ...more  
237
Discussion
Comment by Khersonon Dec 17, 2014 9:36am

RE:RE:Turn Around

Great call Powerarse... Kherson
242
Discussion
Comment by lantrenon Dec 17, 2014 9:12am

RE:RE:SGL Thoughts

I see eagle taking over this company within 6 months body{zoom:175%!important;}
194
Discussion
Comment by Khersonon Dec 17, 2014 9:07am

RE:SGL Thoughts

I think that under the present circumstances, the deal is a good one for both companies. Having been a former shareholder of SGL, and now a shareholder of EGL.UN, I see this as a win-win... Since EGL ...more  
298
Discussion
Post by darkstreamon Dec 17, 2014 8:27am

SGL Thoughts

under present conditions not much more they could do -this should keep the banks off their backs for a while -must go into full survival mode -there will be many million dollar homes in the area which ...more  
310
Discussion
Post by CanadianJrson Dec 17, 2014 7:23am

Eagle Energies thoughts

Here is their press release sounds like a sweet deal for the  and yet we just got bent over by management. First time share price goes near $0.50 I'm dumping my shares in this dog. Thanks for ...more  
327
Comment by righand2on Dec 17, 2014 7:20am

RE:WOW!!

You are proud of management for utterly destroying the share price? What kind of stupid moron are you?
267
Discussion
Comment by CanadianJrson Dec 17, 2014 7:09am

RE:Selling

Sorry and that is income before debt of $50,187,500 at $55 barrel of oil. This deal sucks for us.
233
Discussion
Post by CanadianJrson Dec 17, 2014 7:06am

Selling

Again their property selling makes no sense to me 2500 boed, thats $29,200,000 a yr income producer. They're gonna remain operator? Therefor what's the point in selling this asset for any ...more  
334
Discussion
Post by royaltonon Dec 17, 2014 3:49am

Spyglass to sell 50% of Dixonville Montney C for $100M-

Spyglass to sell 50% of Dixonville Montney C for $100M Ticker Symbol: C:SGL Spyglass to sell 50% of Dixonville Montney C for $100M   Spyglass Resources Corp (C:SGL)  Shares Issued ...more  
376
Discussion
Comment by jjeerryyon Dec 17, 2014 3:38am

RE:UPDATE

RIP divi
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Discussion
Post by Dbunkeron Dec 17, 2014 1:48am

WOW!!

Must say this last news release is  very bold statement, very proud of management. 80,000 dollars a flowing barrel puts an 800,000 million value on them for flowing barrels next year, any wonder ...more  
387
Discussion
Comment by darkstreamon Dec 17, 2014 12:18am

RE:UPDATE

PS -also applied for Share BuyBack program of 12.5 million shares
219
Discussion
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