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Re: SEM group settlement      3-Nov-09 04:42 pm    
If ENT sold all their Oil/NG to semgroup prior to July 1st, they would get only 14c to the dollar or about $1.25m but if a portion of their sale was between July 1st and July 22nd which I would have expected, then the portion of their receivables between July 1st and 22nd would get 100% of the money. We will only know when they report their numbers but assuming a linear timing of their receivables, we could expect at least 30% to be in the latter range or about $3m and the rest at 14c or about $0.8m, so a probable number could be in the range of $3.5m to $4.0m. this would be a nice surprise as all of it has been written off already.
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allan74z

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  Subject Author Rating Time of Post (ET)  
 
...
hoopheaven2... 16-Sep-09 03:52 pm  
 
Thank You for posting, we do not know yet how much...
allan74z (1 Rating) 17-Sep-09 05:18 pm  
 
By the way is a perfect world, I would expect...
allan74z 18-Sep-09 12:19 pm  
 
2 pieces of news, the saga is not over b...
allan74z (2 Ratings) 24-Sep-09 12:38 pm  
 
Volume up today and price holding u...
wgitchell1 (1 Rating) 24-Sep-09 05:40 pm  
 
A latest article speaks about a 40%...
allan74z (2 Ratings) 5-Oct-09 07:32 pm  
 
I hope ENT uses this money to ...
rjwbia (1 Rating) 6-Oct-09 09:57 am  
 
I also hope they do and c...
allan74z 6-Oct-09 11:31 am  
 
Re: SEM group settlement
allan74z (1 Rating) 3-Nov-09 04:42 pm  
 
Update....this is becoming bigger than the trial o...
greenwavesd (1 Rating) 26-Oct-09 10:27 pm  
 
They are are going to pay producers $320 mill...
rjwbia (1 Rating) 27-Oct-09 09:32 am  
 
$320 should have been $340.
rjwbia (1 Rating) 29-Oct-09 09:34 am  
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Enterra Energy Trust (ENT)

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