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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

Comment by Phonse47on May 29, 2015 11:10am
124 Views
Post# 23777641

RE:RE:Higher Volume

RE:RE:Higher VolumeI think volume went up initially in anticipation of q1 results, then stalled. Q1 was expectedly disappointing. Still the AGM is around the corner. The reverse split/consolodation has the potential to improve liquidity and increase interest in FEN. I disagree with BayVic in that the MD&A discussed consolodating emerging opportunities INTO the Fen portfolio. I am interested in the outcome of the banking review and expect they may put in place a larger credit facility so they can execute on these opportunities. FEN is not unique in the low share price afteralll OIL prices in general are down 50%. It is good to see they are begining to improve. Take a deep breath and sit tight or average down. Just saying. Good luck to all.
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