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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 Jun 12, 2013 9:41am
142 Views
Post# 21514785

RE: RE: jwrent, get some sleep.

RE: RE: jwrent, get some sleep.

I suspect you won't see any drilling until the new bank arrangements are set up.  I don't think they could draw another 3,000,000 or whatever from ATB when it is clear they want to cut their line back.  It is wet up there now anyways so my bet is you will see the new banking arrangement put in place by end of June and then a restarting of drilling in July.

They did not put all that stuff on their website because they have nothing better to do.  There are going to be big changes here shortly just not sure what they will look like.  They like everyone else in the patch are struggling to find capital at as inexpensive of a price as possible and an equity raise appears to be out of the question at the moment.

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