SHE stonehorse energy limited

Ann: Quarterly Activities and Cashflow Report, page-80

  1. 106,588 Posts.
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    On the gas question, there's something which IMO, bares watching closely --

    from what I gather - but, it might be wrong in part- gas in the Alberta region is still saleable. But, in the Permian basin - some oil producers are having to pay to get the gas taken away - so a negative value for them. They pumping so much oil, that they have too much gas to deal with.

    I think this situation may well have several affects in the next year or more - on profits, on investors in where they invest in, which areas. I don't know much about it - but, I know it's happening and should be watched.
 
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