Bullboard - Stock Discussion Forum Cuda Oil and Gas Inc JNEXF

Energy

Cuda Oil And Gas Inc is a Canada based company. The main activity of the company is oil and natural gas exploration, development and production in the Province of Alberta, Canada and in the State of Wyoming in the United States. It derives revenue from the sale of Crude oil, Natural gas and Natural gas liquids, of which a majority of revenue is earned from the sale of Crude oil.

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Cuda Oil and Gas Inc > Vente partielle

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Post by dandu1924 on Sep 16, 2021 7:51pm

Vente partielle

Just right now, last news Cuda sell unit for 2,67 million. But this is only to cover the salaries of the management ??? and after that what.??? bbbbannnkkk

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Comment by nic151515 on Sep 16, 2021 8:43pm

Is the company going to sell the wyoming assets ?

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Comment by dandu1924 on Sep 17, 2021 9:47am

The whole company is for sale not just wyoming assets, the limit date is in october 31 th 2021 ( binding offer ). I hope some oil companies will be interested about their stuff.

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Comment by nic151515 on Sep 17, 2021 2:49pm

Yes, but they owe about 70 millions, so if they have an offer of 70 millions, shareholders won't receive anything because the lenders are in priority ?

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