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


To: Richard Saunders who wrote (8811)4/4/2002 9:48:57 AM
From: teevee  Respond to of 24927
 
Richard,
There is a new slide presentation at the PEY web site that addresses the very issues you bring up. PEY books there reserves significantly below historic production and decline rates. The chart I refer to shows how much more conservative PEY is compared to RAX.
cheers,
teevee