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


To: Cogito Ergo Sum who wrote (18524)11/15/2007 2:59:13 AM
From: Drbob512  Respond to of 25575
 
*** PBG.TO affected by Alberta royalty changes? Petrobank's large Bakken lands are in Sask, so not affected by Alberta's, and are under Sask royalty regime which is favorable. Their natgas is mostly on First Nations lands, exempt, so also not affected. Finally, their third unit, Petrominerales, is in Colombia, so obviously it is not affected.

Just one more reason why PBG is an oilsands company worth looking at for ownership of its stock.

The other reasons are well-known, as it made a new ATH today, on heavy volume.

drbob