Gold/Mining/Energy : CANADIAN OIL & GAS COMPANIES


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To: architect* who wrote (19220)5/14/2012 2:28:45 PM
From: Cal Gary of 21487
 
Our local NG market is saturated but consider using 1:6 for international NG where no such glut exist.

Feb 1 2012 from G&M:

"But there is a supply crunch in Asia, where fast-growing economies and a switch from nuclear to natural gas-fired power is driving demand growth. Gas prices in Asia are tied to crude oil, and LNG shippers are receiving an estimated $12 to $15 per thousand cubic feet for their gas."

theglobeandmail.com 

CEN corp presentation Slide 3 lists onshore NG at 2P 23mmboe, cannot find the 1P yet. Will look at Sedar tonight.

Thanks for your view.
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