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Bullboard - Stock Discussion Forum 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 Discussion

Eagle Energy Inc > Hedge ...
View:
Post by BenderRodriguez on Oct 11, 2018 2:52pm

Hedge ...

Looks like that 650 bpd hedge @ $75.08 was put on at just the correct time ...
Comment by gvixid on Oct 11, 2018 8:50pm
Yes it's nice that management got something right for once
Comment by ariesleaf on Oct 12, 2018 10:02am
Next pay down debt. Start buying back shares.
Comment by downtozero on Oct 12, 2018 10:28am
I doubt they'll have enough revenue to pay down debt, buy back shares and then drill another well. $4.3M revenue after expenses won't be enough for just the well they're planning.
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