Re: Our valuation is almost free now...
in response to
by
posted on
Nov 05, 2010 02:22AM
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Nice post Expeter! Lot's of solid information. The Terra markets guy has it all wrong about new regulations being a negative. The thing is, Talisman and other companies want regulation in place, or they won't move forward. This is essential in getting these companies to commit. Mr Binnion specifically said this and that all companies are for it. Next year is a big year for QEC imo with a lot going on I am banking on.
Natural gas prices will firm up, but multi pad wells, pipeline tie in and lets not forget Canbrium fracking 3 new wells as well. All will help de-risk this quicker. DnB said (I posted this before) that what they got from the Quebec O&G conference was that they expect to see new players in the utica in the next year...will be interesting.
Rocco :)