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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

Post by grassyknollguyon Jan 04, 2017 2:06pm
294 Views
Post# 25666840

Waving the flag but...

Waving the flag but...not the flag of surrender. The NR ,upon consideration, appears to be threatening a Chapter 11 style bankruptcy declaration if the debt holders get too testy. An effective barganing chip in a tough situation , if needed , would work well to rearrange a more practical solution to the financial quandry.
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