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Eagle Energy Inc T.EGL.UN


Primary Symbol: EGRGF

Energy
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

Eagle Energy Inc > Time To Start Hedging?
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Comment by Sjakkspillon Jan 16, 2018 4:51am
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Post# 27365718

RE:RE:Time To Start Hedging?

RE:RE:Time To Start Hedging?12 month strip price is now over $62 and for 2019 over $58. Dream prices not that long ago so hedging more than the current thousand barrels at $57.50 for H1 would be prudent. Agreed that now is the time to sell and I would put all the Canadian assets on the block. If they could get half of what they paid for these assets the company could reduce the debt by half and use the other half of the proceeds to really pick up the pace in North Texas, This, assuming the next well is successful. This company has the potential to be ten fold today’s share price if the stars line.
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Dealroom for high-potential pre-IPO opportunities