Detail akcie Tiger Oil online

Business Summary: Tiger Oil and Energy, Inc. (TRGO), formerly UTeC, Inc., is an oil exploration company. The Company is engaged in the exploration, development and redevelopment of oil and gas fields in the United States. The Company focuses on additional leaseholds of value that it would be able to increase or return to production, generate revenue and build reserves for future cash flow. The Company evaluates shut in wells in the states of Kansas and Oklahoma. The Company's subsidiaries include C2R Energy Commodities, Inc. and Jett Rink Oil, LLC.
Financial Summary: BRIEF: For the six months ended 30 June 2019, Tiger Oil and Energy Inc revenues decreased 62% to $4K. Net loss decreased 30% to $990K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Stock-based compensation decrease from $1.1M (expense) to $0K, Interest Expense decrease of 70% to $145K (expense).