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Petroglobe Inc. PTGBF

"PetroGlobe Inc is engaged in the exploration, development, and production of oil and natural gas in Canada. The Company holds interests in Pembina Cardium light oil, Pembina Edmonton Sands natural gas, and Red Earth Slave Point light oil properties located in Alberta, as well as Sawtooth oil property situated in the Grand Forks/Taber area in southern Alberta."


GREY:PTGBF - Post by User

Comment by uogradon Jan 30, 2013 8:40am
410 Views
Post# 20910026

RE: RE: RE: Re News !!!!!

RE: RE: RE: Re News !!!!!

No chance Lone Pine exercises that option.  Their financial situation is a mess these days as well so they will take their loss and move on.

 

It definitely looks grim here.

The next move will be Strategic Alternatives.

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