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Gold/Mining/Energy : Petrolifera Petroleum Limited PDP.TO
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To: Cal Gary who wrote (27)6/17/2007 11:11:51 PM
From: pino_noir  Read Replies (1) of 62
 
Cal--

Seems to me that price controls are going to hold PDP back, may be one reason why the are so far behind in the 50 well program.

"Government price controls on the sale of energy have damped investment throughout the industry, said Matthew Festa, an economist with 4Cast Inc. in New York. Argentina hasn't allowed energy rate increases since 2002."

Pino
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