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 > Viking Investment Group

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Post by oilwatcher13on Mar 09, 2015 3:49pm

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Post# 23503472

Viking Investment Group

Obviously, Viking could not raise additional financing as they specified in their original agreement and elected to use existing funds to potentially fund the offered financing.... sketchy at best IMHO...

At the end of the day, or at the end of the month - they have no money to continue to operate the business and will be in default on the debenture interest payment... good bye Roger Dueck and good ridens... from all your shareholders.... JMHO

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