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Bullboard - Stock Discussion Forum Rooster Energy PRBEQ

"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."

GREY:PRBEQ - Post Discussion

Rooster Energy > Preparing to jump
View:
Post by westcoast1000 on Oct 21, 2016 1:18pm

Preparing to jump

While oil has stayed up at roughly $50 for some weeks, we have not seen a price increase here for COQ from the basement floor level it where it sits.

When we get financial news showing the $22 mil coming in for the current short term decom work and the larger long term $60 mil due by middle of next year,

AND increases in oil and gas revenues,

AND the reinstatement of some of the assets that were taken out of reserves and off the balance sheet due to very low prices, this stock will go up fast.

Remember, there are only about 30 million shares outside of the hands of the insiders.
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