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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 Burnermanon May 07, 2017 6:10am
161 Views
Post# 26213504

Well Services

Well ServicesI'm the latest release it states that well services activity has increased in the first four months of 2017. The completion of the decommissioning contract was deferred to the first quarter as well. If the new upper management appropriately uses the funds from this to pay down debt and put a financing package together not only will it make them look good but they might be able to get this company away from the brink of collapse. We will find out in a couple weeks when they should release first quarter reports.         GLTA
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