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Claren Energy Corp T.CEN


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

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

Post by Whitehellon Nov 11, 2013 12:00pm
340 Views
Post# 21894228

Q3

Q3Really a double-edge quarter... on one side, the financial data aren't bad at all, good cash flow driving by high price when compared to first 2 quarter.

And on the other end, you have the operational update that isn't really good. Still no production increase over last three quarter, two first frac doesn't look good and no real flow data for the other two. good news are one sucessful exploration well, permit are on the way and FINALLY, "The Mobile Offshore Production Unit (MOPU) refurbishment has been completed and the MOPU is expected to arrive on location later this month"..... UNLESS...
https://www.google.ca/imgres?imgurl=https://fc01.deviantart.net/fs71/i/2013/157/7/f/godzilla_destroys_oil_rig_by_awesomeness360-d6833k1.png&imgrefurl=https://awesomeness360.deviantart.com/art/Godzilla-destroys-oil-rig-376378561&h=768&w=1024&sz=1041&tbnid=rNIbvwJmYZPVmM:&tbnh=90&tbnw=120&zoom=1&usg=__4NC6t8U8EImAGMYA7nsTbEBkmDQ=&docid=Jc4PiY0L_KJa7M&sa=X&ei=LgqBUsKMLuLmyQHx84Aw&ved=0CDkQ9QEwAQ



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