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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 > 84 bpd
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Comment by whodathunkiton Jun 23, 2018 10:51am
83 Views
Post# 28218114

RE:RE:84 bpd

RE:RE:84 bpd
philippechampy wrote: not a dry well, even if below expectations. Doesn't justify a fall from 55 to 35. We are now under one time FFO, which will be mechanically enhanced after 2018 hedges. And I appreciate the new about pricing. North Texas seems favored, compared to Permian


The value of any well is not just how much it produces but also what it tells the operator about the area.  Eagle now knows this area is not what it thought it was, so I'm guessing there won't be a lot of further effort around this one.

Cheers.
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