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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: LoneClone who wrote (100591)	5/8/2008 4:29:36 PM
From: LoneClone	Read Replies (1) \| Respond to of 206084

Horn River Basin called 'world-class play' Staff May 8, 2008 theglobeandmail.com Energy consultant Wood Mackenzie is calling British Columbia's Horn River Basin gas field "a world-class play." In a new report, Wood Mackenzie says recoverable resource estimates in the basin could already average 37 trillion cubic feet of gas. That's comparable to the reserves held in the area that will supply the proposed Alaska Gas Pipeline. The consultants say a preliminary analysis suggests that at a natural gas benchmark price of about $6.50 (U.S.) per 1,000 cubic feet, a relatively high price, the return on investment would be about 10 per cent, which is in line with other major gas projects. That also factors in challenges such as the area's remoteness.

To: LoneClone who wrote (100591)	5/9/2008 4:56:49 PM
From: Paul Senior	Read Replies (1) \| Respond to of 206084

LoneClone. Thanks for the Enbridge article. I've trimmed back my small position a little today. I will hold some and "wait for better opportunities to buy", as the analyst suggested for people looking at the stock now. For the different USA/Canadian oil/gas buildout plays, each will have to have some entity to move their product to consumers. For the Bakken play, I've chosen to bet on [t]ENB[/t]. For the Marcellus play, I'm with [t]AHD[/t]. For Montney, Mancos/Uinta, Horn River, others, I'm not aware of pipeline operators who might benefit. If you or anyone else here has pipeline-operator or transporter idea/possibilities to suggest for such plays, I'm interested.