Excelerate Energy Inc T.EE.DB

Primary Symbol: EE

Energy Oil & Gas Midstream

Excelerate Energy, Inc. is a liquefied natural gas (LNG) company. The Company offers a full range of flexible regasification services from floating storage and regasification units (FSRUs) to infrastructure development, to LNG and natural gas supply. The Company operates a fleet of ten purpose-built FSRUs, have completed more than 2,700 ship-to-ship (STS) transfers of LNG with over 50 LNG operators and delivered more than 6,600 billion cubic feet of natural gas through 16 LNG regasification terminals. In addition to standard LNG carrier functionality, its purpose-built FSRUs have the onboard capability to vaporize LNG and deliver natural gas through specially designed offshore and near-shore receiving facilities. Its business spans the globe, with regional offices in approximately 10 countries and operations in the Argentina, Bangladesh, Brazil, Finland, Pakistan, the United Arab Emirates (UAE), and the United States.

NYSE:EE - Post by User

Excelerate Energy Inc > Great news

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Comment by peteypacon Dec 16, 2011 9:56am

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Post# 19328378

RE: Great news

Definitely making this play more attractive to a potential purchaser. The siesmic confirmation sets up an additional 12 drilling locations and another 5 new locations within the park boundary. So, what first may have appeared as an excellent but limited play oil play, now has some room to move on the new lands we have purchased. Large 3D shoot to be undertaken shortly over new lands.

All of this will attract prospective purchasers.

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