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GREY:PMGLF - Post by User

Comment by oilwatcher13on Jun 21, 2013 11:03am
160 Views
Post# 21554770

RE: RE: RE: Re: Bond Holders

RE: RE: RE: Re: Bond Holders

If I recall correctly they will try to sell it while retaining the transportation rights for shipping their oil... thus keeping the reduction of transportation costs and recognizing the 300 mil value... what they really need to do is find oil and get the production numbers up again. They went from 40k BOE to 21K BOE in a year and a half - someone was sleeping at the wheel, Cory Ruttan should have been punted for that IMHO

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