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Rooster Energy PRBEQ

Energy
"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

Rooster Energy > Whats ur opinion on the 3q 2016 result?
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Comment by Olive777oilon Nov 30, 2016 10:20pm
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Post# 25537928

RE:RE:RE:RE:Whats ur opinion on the 3q 2016 result?

RE:RE:RE:RE:Whats ur opinion on the 3q 2016 result?The main owner paid more than 110 millions US dollars for his shares in 2014. And now he just needs to find about 5 millions to renegociate the debt and it seems that he can't find that so far? What about all his other businesses? They should help him. I am just wondering what he is doing right now to save his company. With crude oil and NG at better prices now, he could sell some assets at a good price. He could also put more shares on the market or merge with another company, etc .. There is so many ways to raise money.
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