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Bullboard - Stock Discussion Forum MGM Energy Corp MGMCF

GREY:MGMCF - Post Discussion

MGM Energy Corp > Shell Asset Sales - Update
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Post by glacierman on Dec 02, 2013 3:46pm

Shell Asset Sales - Update

Just monitoring any chatter from director Matthias Bishsel on their plans to unload $15 billion in properties. So far, he has publically stated that he is happy with their Australian properties - no plans to sell. His US properties are another story - he thinks that the US shale plays are over-fracked and over drilled. (Sour grapes - perhaps?) No specific mention of Canada & the Canol.
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