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Manitok Energy Inc MKRYF

Manitok Energy Inc is an oil and gas exploration and development company. The corporation is engaged in the exploration for, and the development, production, and acquisition of petroleum and natural gas reserves in western Canada. It mainly focuses on conventional oil and gas reservoirs in the Canadian foothills along with crude oil in Southeast Alberta. The majority of its revenue is derived from the petroleum and natural gas.


GREY:MKRYF - Post by User

Bullboard Posts
Post by teeveeon Jan 27, 2018 11:01pm
178 Views
Post# 27448683

why receivership is most likely outcome....

why receivership is most likely outcome....
Anyone with any serious interest in any of the assets will wait to buy from the receiver as producing assets then come "clean" as contractual obligations don't follow. Bailing out MEI just doesn't make any sense to anyone with the cash and interest in any of the assets.
Bullboard Posts