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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Razorbak who wrote (624)	4/20/2001 8:04:16 PM
From: Think4Yourself	Read Replies (1) \| Respond to of 206203

KMG will do the drilling in Nova Scotia. EEE doesn't have the resources to do it anyways, so the partnership was a good deal. I believe drilling starts next year. Although it will ba awhile before we know about EEE's Nova Scotia properties, it looks like it could be a major play based on what has already been found in the general area. Wish EEE hadn't sold those Alberta properties. Since the Alliance Pipeline opened up the wellhead prices in Alberta have risen to near US levels.

To: Razorbak who wrote (624)	4/21/2001 6:43:24 AM
From: Ditchdigger	Respond to of 206203

<Welcome aboard. E-cubed > Thanks razor, let's hope for thEEE best! <g>..DD

To: Razorbak who wrote (624)	4/22/2001 7:14:18 PM
From: energyplay	Read Replies (1) \| Respond to of 206203

Nova Scotia plays - These seem interesting to me for a number of reasons - 1) Proximity to the market (Northeast Coast U.S.), pipelins in place or completed soon. They are at the other end of the pipe, vs. gas coming up from the Gulf of Mexico. - Contrast wtih gas in Mackenzie / Alaska North Slope, etc. which is 4-7 YEARS out. 2) So they may be able to reverse flow some of the pipes as consumption grows, and still have a cost advantage over GOM gas for delivery in New England. 3) Canadian governments are reasonalble about the environment, and familar woth resource industries. 4) The well know arguments of more generators using NG, and decline rates of production, especially GOM production. I would like to see more discussion on Nova Scotia plays, possibly an NS portfolio. Looks like this may be the right place (near consumers) and right time (high prices).