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.
Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: isopatch who wrote (81041)12/8/2000 12:56:15 PM
From: Meridian  Respond to of 95453
 
Iso, there are a lot of companies buying acreage up in the MacKenzie Delta/Beaufort Sea region, with several rigs scheduled to begin drilling up there over the next several months. I think Gulf Canada (GOU-$4 1/2) is sitting on a bunch of gas up there - something like 2T's, just waiting for a pipeline to bring it to market. I think this will get a lot of play over the next year as we find ourselves looking for new, sustainable sources of natural gas. GOU has about 540 million shares out, and is buying back stock. 2 T's = 300+ mmboe, and at $4.00/boe = another $2.50/share. (disclaimer) I'm long Canadian E&P's. Very cheap.

meridian



To: isopatch who wrote (81041)12/8/2000 6:06:49 PM
From: Douglas V. Fant  Read Replies (3) | Respond to of 95453
 
Isopatch, I am scratching my head wondering why the Prudhoe Bay P/L/ is called the "Buford Sea project". That implies a seaboard route. Yet like you I understand the route to be overland through Canada to Seattle.

Good ol' Prudhoe Bay. It bailed our "heinies" out in the 70's oil crisis, and now may do the same with gas issues in the early 2,000's....Long live the fair dame of Prudhoe Bay!


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News