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Excelerate Energy Inc T.EE.DB


Primary Symbol: EE

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

Comment by uogradon Feb 20, 2013 12:24pm
203 Views
Post# 21016803

RE: RE: RE: Whats up

RE: RE: RE: Whats up

it is likely a combination of both.  Exall have probably completed their winter drilling program and do not want to get into a mess during breakup which is not that for away so will probably just try and make some cash on their wells for the next 4-5 months until the rainy season is over and they can start summer drilling and second the rig probalby does not have a place to go as there is hardware available all over Alberta right now so it make sense for them just to let the rig sleep on the property for now.  This will give Exall some time to get some cash flow and pay some bills.

Nothing unusual here from either side.

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