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"Rooster Energy Ltd is an oil and natural gas exploration and production company which is engaged in the acquisition, development, and exploration of petroleum and natural gas and the delivery of well intervention services. It provides plugging and abandonment services in the Gulf of Mexico. The company operates through Oil and natural gas, and Well services segment."

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Rooster Energy > Financing

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Post by Burnerman on May 27, 2016 6:11pm

Financing

With oil being around $50 plus the backlog of decommissioning with the possibility of new lucrative contracts would there be any reason that COQ would not be able to achieve their financing goal. Would politics come into play here? Bernie and Hillary want to shut down oil and Trump wants to make the US self reliant on oil and tell the Saudis and Iran where to shove their oil. Thoughts anyone?

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Comment by westcoast1000 on May 28, 2016 5:32pm

Given what little we know about the company's current operations, I do not see any obstacles. The financial world needs to provide more loans to earn returns. No one wants to shut down oil, and we are mostly in nat gas in any case. We have producing wells and lively decomm business. What we do not know yet is the status of the well they previously had to side track and try and get completed ...more

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Rooster Energy