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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

Post by OOU812on May 08, 2017 10:09am
168 Views
Post# 26215813

Double production ??????????????????

Double production ??????????????????

https://finance.yahoo.com/news/eagle-reiterates-strategy-addresses-dissidents-114500012.html

Old version from March 13,2017
 "Our robust drilling inventory, coupled with high-quality, low-decline base assets and new access to capital, should allow us to double production and reserves within the next 24 to 36 months."

NEW
"Strategic Five Year Plan We have a strategic five year plan that we believe will more than double production and reserves and leave Eagle at less than one times debt to cash flow within five years, while drilling less than one-third of our existing inventory."

 It's only been 2 months since the new strategy and already their predictions are way off??????????




 

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