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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 Dec 08, 2016 6:21am
143 Views
Post# 25570071

RE:RE:RE:COQ is losing momentum now

RE:RE:RE:COQ is losing momentum nowCOQ has weathered through the worst of the storm when many larger firms couldn't. They have lowered costs and paid down debt. These are not the actions of a company that is willing to give up just as things begin to turn in their favour. I believe that the financing is almost if not already secured otherwise they would not have paid down debt. Management would have taken the 3million and given themselves Christmas bonuses and closed up shop instead of paying down debt. Mr Morrison put this company together and I believe he and the team are doing their best to secure financing. As always though, shareholders will be the last to know and at the last minute.    JMO
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