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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

Bullboard Posts
Post by LoganCopper1on Dec 07, 2011 8:52am
199 Views
Post# 19298385

My hope for Argentina

My hope for ArgentinaStag and Karma,

What I would love to see with this property is to sell the Ethiopia project (in due time), pay out the (for arguments sake) $3.70 in cash per share as a dividend (and retain some, lets say 0.30 per share to develop Argentina). The total bid for the Ethiopia Basin is $4.00 per share, shareholders get the Argentina property, and we go explore it then.

This way, we get favorable tax treatment, still get part of the management team, AAA reputation etc.

Just my wish!!!
Bullboard Posts