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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 (20023)	3/20/2008 6:40:56 PM
From: Ken Ludwig	Read Replies (1) \| Respond to of 25575

Yes. That's how I read it-optimal production per well pair 1K each X 15=15000bopd. 10K is fine for me and the Algar permitting going through. All of us investing in the patch and in CLL especially are wondering what the hell is going on. My best guess is the general poisonous effect of all the financial disasters is driving everything in every market. I'm just hunkered down, fully invested waiting for some clarity somewhere. ken

To: Cogito Ergo Sum who wrote (20023)	3/20/2008 7:16:57 PM
From: Goldberry	Respond to of 25575

I listened to the CC this a.m. and DG specifically said that there permit is only good for 10000 bbls. Not sure whether there would be a penalty for exceeding the amount. We should be so lucky that this would even be a problem, I would be happy if they could just report that they are at close to 10000 which would bring them to around 13000 total. This would be about 6 times 2007 production. The key is what is the bottom line cash flow produced by each bitumen barrel based on say an $80.00 bbl. Hopefully the analysts will try to put some numbers to the production based on what is and what could be. Interesting that if you do a 30 day graph of the following names CLL-T, PBG-T, OSF.UN-T, OPC-T UTS-T CLL had the best performance. They were all dogs. I couldn't post it so if anyone is interested put it up.