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Rooster Energy PRBEQ

"Rooster Energy Ltd is an oil and natural gas exploration and production company which is engaged in the acquisition, development, and exploration of petroleum and natural gas and the delivery of well intervention services. It provides plugging and abandonment services in the Gulf of Mexico. The company operates through Oil and natural gas, and Well services segment."


GREY:PRBEQ - Post by User

Comment by westcoast1000on Apr 05, 2016 2:04pm
126 Views
Post# 24733047

RE:RE:RE:RE:final capitulation?

RE:RE:RE:RE:final capitulation?I agree, Burner. But things will turn in the oil price sooner or later, and we will hear from the company for the Q4, then year end, and then Q1 2016 in the next two months.

Sometimes I wonder why they ignore us. But think of it from their viewpoint. They went public with a company they own over 80% of in order to have access to capital markets when the are able to make some moves and can sell more shares. But with the price where it is, they figure they will just operate the company and do what is required in terms of disclosure, but no more. They cannot hype their way past the oil price, so they say nothing, at least right now. 
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