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Bullboard - Stock Discussion Forum
Eagle Energy Inc
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.
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EXPM:EGRGF - Post Discussion
Eagle Energy Inc
> MERGE OR SELL ???
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•••
ariesleaf
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Post by
ariesleaf
on Jan 04, 2019 9:52am
MERGE OR SELL ???
Not Big Enough to be in both Canada Plus USA.
(91)
•••
spacegimp
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Comment by
spacegimp
on Jan 04, 2019 10:12pm
Same time of year and same type of order TBE recieved after running with huge divy for too long. It all comes down to oil price now - quick rebound could save them . wti meandering around 50 the next 3 months and they wont make it . debt holder will be made whole , shareholders should get something depending on oil price conditions and who is advocating your cause... It just seems so foolish how
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•••
freedom-1970
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Comment by
freedom-1970
on Jan 05, 2019 12:17am
sell : With loans held against the asset's the price would need to cover the loan ,and then what ? Sell the Cdn assets would be smart , if there will be any buyer's and then its going to a give away price . Keeping the Texas asset's have the upside ,but the cost will be in millions with fast declines so they need good price's to
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