Wellsitter’s details
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Natural gas draw-downs are immaterial due to the fact that N. America has billions of m3 of production shut-in at present due to over-supply. If the price rises 10 cents, more production will come on and the price will moderate. This will be the ... |
3/22/2013 10:23:09 AM |
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Sorry but I couldn't be bothered to read all that nonsense. The point I made, which still stands is that there is no "gap" in the PWT chart to fill and the fact that you have no idea what is meant by "filling the gap" indi... |
3/13/2013 10:17:43 AM |
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The patch is relatively slow for most services with the exception of the usual pre-break-up rush. When times get tough, Halliburton and Schlumberger will discount below the little guys ability to break even and the only iron moving will be red or... |
3/12/2013 11:26:26 PM |
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Where in any chart is this gap you speak of? Are you sure you know what it means to "fill the gap"? I'm thinking not. |
3/12/2013 11:14:47 PM |
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That which will not go down, must go up. It's pretty evident that there is no pushing it lower so consider this a consolidation and accumulation phase and expect the next move to be higher. |
1/28/2013 1:01:41 PM |
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I doubt it. With the work going on at Ante Creek and the expected increase in production there, it should be no problem to hit the production numbers for 2013 exit and with more refining and transport coming to play through the year, the price di... |
1/21/2013 7:21:26 PM |
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I'm not suprised that the logic escapes you. Something else that escaped you was the fact that I didn't say that using railcars to transport oil was more cost effective than pipelines. If anything, I could be accused of having insinuated ... |
1/2/2013 11:22:45 PM |
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Net-back calcs rely on more than shipping cost. Dollars/boe on on the rise (increases net-backs), costs are dropping (increases net-backs). In reality, PWT can keep doing exactly what they are doing and the net-back can improve. Did you know this? |
1/2/2013 3:14:29 PM |
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Please define "a negative feed-back loop" for me. |
12/31/2012 5:34:04 PM |
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This is a good point and here are a few more: The spread between Canadian Sweet and WTI has virtually disappeared, M. Nunn has the entire company now focussed on Production reliability and cost efficiency. And believe me, when you fire four of th... |
12/30/2012 2:49:14 PM |
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