Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: isopatch who wrote (30431)	4/21/2003 9:51:41 PM
From: Ed Ajootian	Read Replies (1) of 36161

Iso, Thanks, I've tried some of the royalty trusts and it was bit too much like watching paint dry for my taste. Looks like there's been some more excitement recently with PVX. The only way I've been playing the CanRoys is by buying some small Canadian E&P companies whose management is in the selling mood, and that look like good candidates for purchase by these trusts. If they wanna buy you they usually don't quibble about price it seems. I believe Enterra (EENC), one of your (past?) favorites, is a prime candidate for selling out to a CanRoy now that they are almost finished drilling out that great play of theirs. Had sold it on disappointing reserve adds for '02 but looking to buy back in if it ever dips to the low 8's again.

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