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Bullboard - Stock Discussion Forum Spyglass Resources Corp SGLRF

Energy Oil & Gas E&P Energy
Spyglass Resources Corp is an oil and gas exploration and production company that conducts its operations in the Western Canadian Sedimentary Basin. The Company is a dividend paying, intermediate oil & gas company that trades on the TSX under the symbol 'SGL'. It operates oil and natural gas properties in Alberta, Saskatchewan and British Columbia.

GREY:SGLRF - Post Discussion

Spyglass Resources Corp > debt
View:
Post by bigfatruby on Mar 11, 2015 11:11am

debt

If I'm reading the news correctly, sgl realized $150M for sale of assets in the past year and net debt decreased by $107M.  Please correct me if I'm wrong.
Comment by bigtuna77 on Mar 11, 2015 4:12pm
This post has been removed in accordance with Community Policy
Comment by lantren on Mar 17, 2015 9:05pm
yes you read correct , they blew $43 million   and lost 3000 boe/d production  not including the asset sales  ...and all of that in $100 oil environment 
Comment by quesea on Mar 18, 2015 12:53pm
R u saying they kept the money ? Because I know they didn't lose it in wages to their Operators !
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