The  upcoming Hurricane  Sandy  will  hit  the  east coast  and  it  will  most  likely  cause  production  disruptions  which  will help  the  oil  price  to  rise   further. This  along with  the  declining  operating costs  per  well  during  Q3   will help  LEG in  my opinion.

The   recent   article  below  in  SeekingALPHA  talks  about  these  significant reductions at  the  drilling  costs  of  Q3  2012  that will  help  the  operators:

 

http://seekingalpha.com/article/937211-value-and-growth-go-hand-in-hand-in-the-drilling-market

 

 
 
Edmonton  is  already  higher  than  WTI  for  C$7 !