Debt levels are very high and they were relying on Brookfield, which owns about 40% of the company. He thinks they need $95 oil to grow production. Very highly leveraged.
Second Wave Petroleum is a OTC stock, trading under the symbol SCS-T on the (). It is usually referred to as or SCS-T
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In the last year, there was no coverage of Second Wave Petroleum published on Stockchase.
On , Second Wave Petroleum (SCS-T) stock closed at a price of $.