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Gold/Mining/Energy : Oil Sands and Related Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Metacomet who wrote (14971)	2/5/2007 8:46:42 AM
From: RossA	Respond to of 25575

For a model of how PBG can make $ from THAI licenses, look at Denbury Natural Resources (DNR). DNR is leveraging its expertise in Extended Oil Recovery (EOR) and its monopoly on CO2 sources in the Southeast into ownership and/or production sharing agreements in Mississippi, Louisiana and, recently, East Texas - see last Nov.'s deal with Venoco for a share of the Hastings field. Can everyone spell Spindletop? Anadarko (APC) and Kinder Morgan (KMP) are playing similar games - in Wyoming and W. Texas, respectively; KMP even has its eyes on a share of the S. California oil fields. These are long-term deals but, in the short term, they could add proved reserves at a miniscule cost to PBG. This will increase share value.

To: Metacomet who wrote (14971)	2/5/2007 11:15:48 AM
From: Drbob512	Read Replies (2) \| Respond to of 25575

Metacomet: I also like CLL from a fundamental point of view, so don't get me wrong, but the technicals favor PBG, which is my main point. Secondary is the idea that some institutions appear to be starting to factor in the huge potential of THAI and the idea that it appears to be working right now. It THAI were not in the equation, then CLL might be a better situation than PBG. THAI has the potential to blow away any assets that any junior oilsands stock has. Not totally proven yet, of course. drbob