Claren Energy Corp T.CEN

Primary Symbol: V.CEN.H Alternate Symbol(s): CNENF

Energy Oil & Gas E&P

Claren Energy Corp. is a Canada-based company. The Company's principal business was the acquisition and exploration of petroleum and natural gas properties.

TSXV:CEN.H - Post by User

Claren Energy Corp > SPHE-1 hits

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Comment by Whitehellon Sep 30, 2013 12:53pm

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Post# 21778494

RE:RE:RE:RE:RE:SPHE-1 hits

ah ok.

So the sales from sinphuhorm gas field would appear into "share of earning from apicco LLC" if i get that correct mjh ?

As for the cash flow, i see that last 6 month, their received in distribution around 50 % of the net earnings they account for (10 MM of earnings from Apico and 5 MM of div received), does apico has a politic like 50 % reinvestments in capex and 50 % in distribution or something like that ?

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