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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 downtozeroon May 16, 2020 12:34pm
122 Views
Post# 31037950

RE:RE:RE:RE:RE:New reports listed...

RE:RE:RE:RE:RE:New reports listed...White Oak is getting CDN assets for $21M CDN and US assets for $11M USD. FTI made $6M CDN in profits while running Eagle.

The highest bidder didn't offer cash, they offered to assume the debt. This wasn't considered so White Oak won the bid.

Overall, Eagle sold for the value of the debt. Nothing more.
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