SI
SI
discoversearch

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.
Strategies & Market Trends : Strictly: Drilling II

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: isopatch who wrote (30431)4/21/2003 5:55:24 PM
From: Claude Cormier  Read Replies (1) of 36161
 
ISO,

I would suggest that you take a look at Paramount Energy (PMT.UN). IMO, better than PVX.

100% natural gas. Low debt to cash flow ratio below 0.7:1
Unhedged except for April where they have 40% hedged at more than $C10 per gigagoule that is approx US$7/mcf. They probably entered additional hedges in recent week(s).

Currently at $C12.90. Expect a monthly distribution of 24% plus.

There is only one negative, reserves of 6.5 years. But they have the balance sheet for acquisitions and have very good exploration successes.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext