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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?

To: kingfisher who wrote (8425)	8/29/2001 7:18:32 PM
From: Richard Saunders	Read Replies (1) \| Respond to of 24922

general links for heavy oil & a couple recent oil & gas views. pcf.ab.ca neb.gc.ca Happy pricing view for crude: dismal.com bcaresearch.com Unhappy pricing view (today) for gas producers...... quotes.ino.com

To: kingfisher who wrote (8425)	9/11/2001 1:06:19 AM
From: Richard Saunders	Respond to of 24922

kingfisher - still watching Hardisty? Some interesting things have been happening in the past couple of weeks. Differentials spreading....... imperialoil.com Here's something related to last week and sniped from the link you previously posted (John Shiry, President, Woodside Research Ltd.) - thewebmarket.com : Boldings are mine and the comment re: heavier crudes can be seen in the numbers at the Imperial Oil pricing link above....... Canadian PAR postings rose 67¢ last week to average $41.60/barrel even as other world crude prices fell. Hardisty Medium continued its strong performance to average $38.37/barrel for the week, down less than $1.00. But the bull run for heavier crudes seems to have ended. The current postings for Hardisty Medium are now well below PAR. Petro-Canada had posted Hardisty Medium above its price for PAR for a number of days at the end of August. As of September 1st, that changed with a posting of $265/m³ ($42.13/barrel) for PAR and $244/m³ ($38.79/barrel) for Hardisty Medium. That current differential is $3.34/barrel. For the week, the PAR-Hardisty Medium differential for the three companies that post a medium heavy crude was $3.23/barrel. The YTD average for Hardisty Medium is now $30.57/barrel, so current prices remain well above that level.