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: VisionsOfSugarplums who wrote (7853)	1/16/2001 1:46:18 AM
From: mark calgary	Read Replies (2) of 24892

Re your comment: However, after winter drilling season we may see enough adds that storage will improve This is not going to happen if the weather keeps warm. Many companies are having a tough time getting in as the ground is either not frozen, or is just frozen enough for you to think that it is. There are many reports of trucks and rigs that have sunk into the ground. Many companies are way behind - have spoken with both suppliers and drillers, and it is not going particularly well. Don't get me wrong, activity is at an all time high, just they are not even close to being as efficient as they normally would. Re BXL - I have heard very positive recomendations from some in the know - another to take a look at is Cypress - same sort of thing as BXL ( significant un-hedged production ) but they are much larger. Might want to put Courage on your screens - report out today - predicting cash flow of 1.26 with underlying numbers of $26bbl and $6.00ggl - with 70% natural gas - don't know what, if any, hedges they have. Mark

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next