SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: pogohere who wrote (31618)3/26/2008 4:56:59 PM
From: RJA_  Respond to of 217770
 
Reserve life seems a little short IMHO...



To: pogohere who wrote (31618)4/16/2008 10:13:13 PM
From: pogohere  Read Replies (1) | Respond to of 217770
 
Daylight's presentation referred to below included the projection that the distribution ratio for 2008 would be 35%, down from 49% for 04/08 (the amount of the div stays the same at C$.10/unit) with the increased revenues being used for now for debt reduction rather than dividend increases, unless a very substantial opportunity for investment in more oil/gas resources presented itself. Also indicated for 2008 was a potential substantial increase in proved reserves.

pdfdownload.org