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Last C$0.03 CAD
Change Today 0.00 / 0.00%
Volume 0.0
As of 10:39 AM 05/1/15 All times are local (Market data is delayed by at least 15 minutes).

forent energy ltd (FEN) Snapshot

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52 Week High
05/6/14 - C$0.09
52 Week Low
04/20/15 - C$0.02
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Current Stock Chart for FORENT ENERGY LTD (FEN)

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forent energy ltd (FEN) Details

Forent Energy Ltd. is engaged in the acquisition, exploration, development, and production crude oil and natural gas in Canada. It principally holds interests in the Twining oil property; the Wayne oil property; and in approximately 6,684 hectares of land in the Chinook area of southern Alberta. The company is headquartered in Calgary, Canada.

forent energy ltd (FEN) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: C$175.2K
Vice President of Exploration
Total Annual Compensation: C$209.2K
Vice President of Geology
Total Annual Compensation: C$145.6K
Compensation as of Fiscal Year 2013.

forent energy ltd (FEN) Key Developments

Forent Energy Mulls Acquisitions

Forent Energy Ltd. (TSXV:FEN) is seeking acquisitions. Richard Wade, President and Chief Executive Officer of Forent reports on the company’s outlook that the recent commodity price shift has provided Forent with an opportunity to actively pursue Forent Energy's mandate of growth through asset acquisitions and corporate mergers.

Forent Energy Ltd. Announces Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Forent Energy Ltd. announced earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company loss of $0.04 million compared to $0.29 million a year ago. Revenue was $1.01 million compared to $0.11 million a year ago. Capital expenditures were $1.36 million compared to $0.35 million a year ago. For the nine months, the company reported loss of $0.47 million compared to profit of $0.61 million a year ago. Revenue was $2.60 million compared to $0.37 million a year ago. Capital expenditures were $4.69 million compared to $0.68 million a year ago.

Forent Energy Mulls Acquisitions

Forent Energy Ltd. (TSXV:FEN) continues to look for acquisition opportunities. The company stated: “The initial development phase of our Twining property was the first step in our plan to materially increase oil and associated gas production during 2014. Within our portfolio we have several additional low risk exploitation opportunities. With the recent decline in oil prices the Company is reevaluating the timing of its capital deployment program. In parallel, Forent continues to evaluate internally generated exploration prospects, complementary acquisition opportunities and corporate merger opportunities.”


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