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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 George98on Dec 03, 2016 11:06am
104 Views
Post# 25550416

RE:RE:RE:FEN: Going Concern, Cedit Facility matures in Q4 2016

RE:RE:RE:FEN: Going Concern, Cedit Facility matures in Q4 2016I guess you are talking about the company that the CEO founded 11 years ago. None of the other directors is coming from Thunder. And per reference Thunder:

 

 

The Public Sector Pension Investment Board and Overlord Financial have agreed to buy Thunder Energy Trust for more than $202 million.

Overlord will manage the assets and own approximately 2% of the Calgary-based oil and gas income trust.

This is the second deal in as two weeks that the PSPIB is involved in. , it announced it was part of the consortium to buy BCE.

The fund manages pensions for the federal public service, the Canadian Forces and the Royal Canadian Mounted Police.


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