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Eagle Energy Inc EGRGF

Eagle Energy Inc is a Canadian company operating in the Energy Sector. The company is engaged in the acquisition, exploration, development and sale oil & gas and hydrocarbons with operations in Alberta, Canada and Texas, United States. While derives majority of its revenue from Canadian operations.


EXPM:EGRGF - Post by User

Comment by chipmuki1234567on May 07, 2017 11:44pm
92 Views
Post# 26215012

RE:RE:Current Board of Directors

RE:RE:Current Board of DirectorsCardboard is correct about the directors. Eagle's CEO has not made significant changes needed in the current price environment and the new debt is exceptionally expensive and limiting (similar to Home Capital). Sell assets if that is the only way. I think the new loan was taken to secure upper management's jobs. 

I will be voting for a board overhaul. I strong encourage all to do the same as, if oil prices do not recover, eagle is most likely not going to survive with the current plan. 
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