Canadian Oil & Gas Companies Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Canadian Oil & Gas Companies

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Kerm Yerman who wrote (6782)	9/4/1999 1:53:00 AM
From: Richard Saunders	Read Replies (1) of 24921

Fruit Alert - it's the old apples and oranges thing again...... A handful of recent research reports and updates for Thunder Energy (THY-tse) arrived in today's mail. Two 6 and 7 pagers from First Energy and Peters&Co. were included as well as updates from First Marathon, Sprott, Peters&Co. and L.O.M. It's been mentioned on the thread before: - Fresh fruit #reply-11082396 - GVTucker comment #reply-11083113 - Toowit comment #reply-11094806 - Kerm comment #reply-11102267 HEADS UP REGARDING THE CONVERSION BASIS BEING USED FOR GAS TO Barrel of Oil Equivalents!!!!! Both the First Energy Report and the Loewen, Ondaatje, McCutcheon Limited update are presenting their marketing spiels using the 6:1 conversion basis. If any here are following some of the postings over at the Canadian88 (EEE-tse) thread (#Subject-9153) an example of one issue that creates uncertainty is the calculation and assumptions used to determine engineered reserves. The potential for more uncertainty may also occur when a number cruncher decides to take a bite into the apple and then obtains a mouthful of something that tastes like an orange. my rant:..... THE CANADIAN GASPATCH NEEDS A STANDARD CONVERSION!!! Mixed fruit is great for Christmas cakes but it sucks when mixed into reserves. There's already enough uncertainty without adding another issue.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next