The differential between EDMONTON and WTI seems to grow every day....the differential  hit  $8   yesterday ! WTI is now lagging  EDMONTON!  So those who assumed that EDMONTON would drop as WTI also dropped a lot yesterday, they are obviously mistaken!

 

WWW.SPROULE.COM

has  all the  prices  if you doubt it.

 

 

and as we know, ARN sells at  EDMONTON price....

and  as we know the plans of  ARN in Q2 2012  report was for EDMONTON at C$85...

In the meantime, EDMONTON has been hovering  AT  LEAST  10%  higher than C$85 since AUGUST  strengthening the cash flows of  ARN more than the  initial  company's  estimates.....

 

 

this  will also help the drilling plans for many companies and the drillers will also benefit a lot from this as the  article  below   from SeekingAlpha  point out

 

 

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

 

 

 

 

I think the social unrest and the tensions in Middle East will drive EDMONTON higher than  C$100 during the nxt months