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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 Burnermanon Nov 21, 2016 5:42am
147 Views
Post# 25488168

RE:RE:Rooster

RE:RE:RoosterYes, Mr.Morrisson owns over 80% of the outstanding shares. The rest of the insiders though do not have any significant amounts. Why are they not purchasing at this depressed level? Oil is heading up. I believe OPEC will come up with a deal partially in part because they might be a little nervous about Mr. Trump. If the U.S. does not buy their oil they would be in very big trouble. Oil needs to be higher to stop the continued bankruptcies and to keep the people in the energy sector keep working. The next two weeks should shed some more light on things.   GLTA
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