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Artek Exploration Ltd ARKXF

Energy Oil & Gas E&P


GREY:ARKXF - Post by User

Artek Exploration Ltd > Asset sales
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Comment by teeveeon Dec 08, 2014 8:51pm
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Post# 23208682

RE:RE:RE:RE:RE:RE:RE:RE:RE:Asset sales

RE:RE:RE:RE:RE:RE:RE:RE:RE:Asset salesall the talking heads are calling for  $2 AECO and shut in gas wells. If they really believe that, RTK can easily drop below $1.00/share or lower.......low oil prices will hurt gas liquids and condensate pricing too......what does RTK have left to sell to get bank debt down? Given the declines, how long can they survive before the lines of credit are drastically reduced or called?  
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