Yet NTM cash flow and reported reserves do not include representation for more than 2 trillion cubic feet of Arctic natural gas that awaits a pipeline nor for additional oil sands potential in the proposed Kearl mining project. In addition, Canadian crude oil price rebounded in April from low levels relative to the global standard reflected in first quarter results disclosed on May 2. This high-quality company has low financial risk with debt at just 0.09 times present value.
Written May 3, 2006
Kurt Wulff's McDep Associates offers realtime, independent research services for investors in the energy and utilities sectors. For more information, go to www.mcdep.com or email Mr. Wulff at firstname.lastname@example.org.