Post by
Free_spirit on Aug 30, 2010 10:21pm
wake up mgt!
Where's the news? Its almost end of the month!!!!
Comment by
Ad_Valorem on Sep 01, 2010 3:14pm
The whole thing with their proposed acquisition of Interoil was a mess. Now the company has 500M in new debt @ 2.60% which puts a strain on their cash flow. The question now is whether they can put that money to work in expansion and growth projects that will give the stock a second wind. It will remain quiet until oil spikes up or they find more oil.
Comment by
Squint1 on Sep 03, 2010 10:16am
Debt at 2.60% is no problem. They have lots of drilling opportunities.