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Strategic Oil and Gas Ltd SOGFF

Energy Oil & Gas E&P
Strategic Oil & Gas Ltd is engaged in exploration and development of petroleum and natural gas reserves. The major area of focus is in Western Canada and the Western United States. The company has interests in Marlowe area and operates gas plants and oil batteries. The firm also engages in operating and maintaining roads.


GREY:SOGFF - Post by User

Strategic Oil and Gas Ltd
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Comment by jerrybeon Jan 11, 2015 2:40pm
242 Views
Post# 23307273

RE:RE:RE:Currently un Hedged

RE:RE:RE:Currently un HedgedBut it matters in helping to ride this storm. Internally generated cash flows will be low for some time, despite increasing production. All the fund raising will not last long if they don't cut back dramatically. I am going to leave this position and go to other names that have been crushed to the ground as well. 

Tough times for every E&P firm here, oil needs to rebound from these levels. The sooner the better. In the meantime, cut back capex. GLTA. 
Bullboard Posts
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