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Gold/Mining/Energy : Bearcat (BEA-C) & Stampede (STF-C)

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To: Jim P who wrote (1843)2/19/1999 10:00:00 PM
From: Keith Minler  Read Replies (2) of 2306
 
Hi Jim

I have no idea, we need some expertise from the oil patch. Perhaps Grayhairs could extrapolate.

From what we have heard I don't think it will be anything earth shattering, they will have to pay for transmission and cleaning. I surmise that the financing of the pipeline will be a form of tariff on the gas pumped.

My take is that this is enough to allow slow but steady development of the Turner Valley prospects. Berkley has also indicated bringing a well into production. With a slowdown in exploration, drilling costs should be reasonable. I would expect a year or so before party time.
And a modest one at that.

Kudo's to Bearcat for his last post, perfect timing, and a most apt thought!

Later

Keith
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