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Exall Energy Corporation T.EE

Sector: Energy | Sub-Sector: Oil & Gas E&P
Alternate Symbol(s):  T.EE.DB

Exall Energy Corp is engaged in the exploration for and development of oil and natural gas, from its properties in Alberta, British Columbia, and Texas.
Price: $0.05 | Change: $0.00 | %Change: 0.00%
Volume: 0 | Day High/Low: N/A/N/A | 52 Week High/Low: 0.16/0.025
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0.5 stars

exactly

they will not use bankruptcy protection. The wanker is way ahead of himself. He sure wants to right for once in his life. Too bad it won't be this time either. They will use bankruptcy and someone...read more
0 stars

RE:RE:RE:RE:RE:Viking backs out of Financing?

If their lender (ATB)  forces it and will not wait for them to locate financing, then the next step is most likely CCAA. In CCAA they will have protection from creditors while they seek new investment...read more
0 stars

RE:RE:RE:RE:Viking backs out of Financing?

Wow, "law" you just proved "you can't fix stupid" Here is my post from Feb. 4th in a previous response to you? RE:told you oilwatcher Let's wait and see who is right in the end, I am saying the...read more
0.5 stars

RE:RE:RE:Viking backs out of Financing?

now you got it. Exactly what I have been saying all along. See you can read my posts and you can learn something...LOL In no way does the bank take over and run it...LOL  rate and reply
0 stars

RE:RE:Viking backs out of Financing?

As I stated before, the bank put those assets up for bid with the bidding ending on Feb 14th. My guess is they are claiming the assets as they are the security for the 30 million loan and they are...read more
0.5 stars

RE:Viking backs out of Financing?

actually what you posted was, the bank was going to take over the assets. I did n ot read where the bank has done that. It is possible they will take bankruptcy protection and some outfit will take...read more
0 stars

Viking backs out of Financing?

Well what a surprise? Viking backs out of financing based on actions taken by the lender ATB? I remember someone on this board saying the bank would never do anything ??? I won't take this opportunity...read more
0 stars

RE:but they are idiots!

Graveyard troll alert. If you want to hear more clairvoyance from IAM, check out a few more junior oil and gas graveyards. He warned everone about everything of course. Broke and hapless now....just...read more
0.5 stars

but they are idiots!

How can they allow production ito wither in their south water flood, it went to next to nothing before they acted. How does this happen? How do they put in a pipeline that is not capable of pumping...read more
0 stars

RE:RE:RE:RE:wow this is sad

They actually stated that if the financing failed to close then they would not have the funds to pay the debentures.  The $54M writedown means that if the Viking deal does magically close, the...read more
0 stars

RE:RE:RE:wow this is sad

Did they not state that even if they come through with the financing, they won't have the money to pay debenture holders? You have to think ATB are just about fed up with these clowns... JMHO  rate and reply
0 stars

RE:RE:wow this is sad

The indenture agreement allows it but they have to give 15 business days notice, which they have not done (unless they somehow think their last PR qualifies).  Seems they are out of time for that...read more
0 stars

RE:wow this is sad

I recall that the debenture indenture allows the payment of newly-issued common stock to debenture holders in lieu of cash interest.  Can anyone confirm whether this option is still in place?    This...read more
5 stars

RE:wow this is sad

my advice is do not ever listen to this silly IAM basher. Long on anger and short on logic. Ograd warned the EE Bullboard many times that the debenture interest was in jeopardy, and IAM bashed and...read more
0 stars

RE:Viking Investment Group

Then let the chips fall......take this opportunity to sell your remaining shares  rate and reply
0 stars

Viking Investment Group

Obviously, Viking could not raise additional financing as they specified in their original agreement and elected to use existing funds to potentially fund the offered financing.... sketchy at best...read more
0 stars

RE:The Financing that almost happened again, again, and again

I am sure ATB is hoping they get the refinancing, so that they can get rid of this dog.. unfortunately i doubt they get it.. and it will be game over.  JMO..  rate and reply
5 stars

The Financing that almost happened again, again, and again

Tha bank will pull the plug on this fiasco if they obtained any reasonable offers in the bid round that ended Feb. 13th.. the endless dribble regarding financing is a joke and gone on for more than 3...read more
0.5 stars

wow this is sad

These clods now have no money to pay the interest. Took awhile and like a broken clock ograd is right once...lol Seriously though, after such a nice oil find, the first two wells were so remarkable...read more
3.5 stars

Go away Iamwcw. Nobody wants your paid basher response

This poster is paid to go onto forums and post negative comments about a stock in order to scare people to sell. The individual can be ignored through the message they post. Also contact Stockhouse to...read more