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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.

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Eagle Energy Inc > Sale Of Salt Flat Field in Texas and Reduction of Debt ...

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Post by BenderRodriguez on Feb 08, 2018 6:29pm

Sale Of Salt Flat Field in Texas and Reduction of Debt ...

See https://www.eagleenergy.com/PublicDocuments/News/2018/2018%2002%2008%20Press%20Release%20(f).pdf

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Comment by alkhor on Feb 08, 2018 7:21pm

This is what the dissidents proposed last year and the current management poo pooed it. Shame the wrong Bod won. I wonder if the current management have cut their over inflated saleries to match the other dissidents complaints?

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Comment by ValuePumpKing on Feb 08, 2018 7:24pm

Great News! Unlock the VALUE

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Comment by Scottie99 on Feb 08, 2018 11:08pm

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Comment by LAMBO on Feb 09, 2018 11:49pm

nice move! got $33M CAD to pay debt off financial results late march...

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Comment by Sjakkspill on Feb 10, 2018 6:33am

The sale certainly helps to make things clearer as it was impossible to figure out what that property was worth besides making Eagle look a lot more solvent. Looks like they presently have about 43 million now in net debt so the question is the value of the rest of the company? They paid a total of approximately 136 million for Dixonville, Twinning and the Maple Leaf assets. Nobody knows what ...more

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