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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 > Bank keep backing... and 42,7M$
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Comment by Burnermanon Dec 01, 2016 6:06am
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Post# 25538625

RE:Bank keep backing... and 42,7M$

RE:Bank keep backing... and 42,7M$The company lowered expenses and paid down debt. This is the action of a company that wishes to continue forward. If they knew that they possibly might not receive financing what would be the point of paying down debt. Higher sustained oil prices with decommissioning revenue should put this firm on a positive growth line. A little patience and faith is required here.    GLTA 
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