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FORENT ENERGY LTD. V.FEN

"Forent Energy Ltd is an oil and gas exploration, development and production company with mineral rights holdings, reserves, and production in Alberta, Canada. The company does a production of oil reserves through development drilling on three core properties in south-central Alberta; Twining, Provost, and Wayne. The majority of Forent’s production is generated from these properties. The firm generates the majority of its revenue from Oil sales."


TSXV:FEN - Post by User

Bullboard Posts
Comment by Backwardbladeon Jul 31, 2014 11:21pm
168 Views
Post# 22801095

RE:RE:RE:RE:RE:Interesting developments on the east coast...

RE:RE:RE:RE:RE:Interesting developments on the east coast...OK...that I did not know.  I have tried to work my way through some provincial licensing papers before regarding Alberta and I always fell asleep.  Usually search for the Coles Notes via SEDAR now so I didn't know about the "renominate" clause.  Can someone not go in and license it before us now or does FEN hold a right of first refusal or some such thing? 

On a different note, I was doing some more perusing of junior companys and found one that was producing 147 barrels a day and it was going for 47 c or some such thing.  Obviously the numbers are different but I  found it interesting when compared to this little number.  

For the first time in  a long time I find investing in a little company like this almost reassuring.  Everybody is less than NAV, the next hole is going to explode etc.  This seems to be a little under the radar.  Mind you, I have noticed the Volumes starting to spike here and there, and nobody is really biting on the 1/2 cent fishing I've been doing...a few thou here and there but nothing serious.  Might have to walk into the ask sooner than I thought.  

Have a good day sir, and thanks for the info.


Bullboard Posts