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Bullboard - Stock Discussion Forum Rooster Energy PRBEQ

Energy
"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 > Waving the flag but...
View:
Post by grassyknollguy on Jan 04, 2017 2:06pm

Waving the flag but...

not the flag of surrender. The NR ,upon consideration, appears to be threatening a Chapter 11 style bankruptcy declaration if the debt holders get too testy. An effective barganing chip in a tough situation , if needed , would work well to rearrange a more practical solution to the financial quandry.
Comment by westcoast1000 on Jan 04, 2017 2:11pm
Well said, Grassy.
Rooster Energy
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