Excelerate Energy Inc T.EE.DB

Primary Symbol: EE

Utilities Utilities - Regulated Gas

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.

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Excelerate Energy Inc > Bid at 8 cents??

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Comment by uogradon Nov 05, 2014 3:04pm

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Post# 23098601

RE:RE:Re: Bid at 8 cents??

what you are missing is the first $35,000,000 or so goes to ATB and the next $23,000,000 or goes to debenture holders plus of course anyone else who is in accounts payable. So round it off at $60,000,000 or so of debt that is ahead of the common shareholders.

In this market could they sell the company for in excess of $60,000,000. Pigs would tightrope walk blindfolded over the Chicago nightline before that would happen.

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