Comments on Seymour Prophet's articles RSS Syndication from SeekingAlpha.com http://seekingalpha.com/author/seymour-prophet/articles http://seekingalpha.com/article/85905-what-the-new-interest-in-saskatchewan-oil-sands-means-for-oilsands-quest?source=feed#comment-251095 251095 Wed, 10 Sep 2008 20:57:07 -0400 http://seekingalpha.com/article/85905-what-the-new-interest-in-saskatchewan-oil-sands-means-for-oilsands-quest?source=feed#comment-245133 245133 Thu, 04 Sep 2008 02:51:39 -0400 http://seekingalpha.com/article/85905-what-the-new-interest-in-saskatchewan-oil-sands-means-for-oilsands-quest?source=feed#comment-228873 228873 Tue, 12 Aug 2008 16:58:17 -0400 Like it or not, Big Oil has the cash and is the driver here, particularly with skilled labor shortage, upgrading bottlenecks, etc.
BQI has too many shares, too low of a price to be a driver. Expect Saskatoon to do something if BQI gets stubborn and doesn't deal. Like put timeline on development such as use it or lose it.

However, an interesting speculative play.]]> http://seekingalpha.com/article/85905-what-the-new-interest-in-saskatchewan-oil-sands-means-for-oilsands-quest?source=feed#comment-226203 226203 Fri, 08 Aug 2008 12:56:51 -0400
Rival Technologies symbol RVTI has a better upgrading process for heavy crude oil like the type found in oil sands. Even Better than Ivanhoe.]]> http://seekingalpha.com/article/85905-what-the-new-interest-in-saskatchewan-oil-sands-means-for-oilsands-quest?source=feed#comment-212653 212653 Wed, 23 Jul 2008 16:17:29 -0400
My target when I purchased the shares was $20.00 - $25.00 and this of course cannot happen until they begin taking oil out their sands and begin selling it.

If the market remains over $40.00 per barrell it's profitable. At $75.00 it's downright big money. I think this is one of the better "speculative" investments and am proud to be on the upside so far and waiting for more in 3-5 years.]]> http://seekingalpha.com/article/85905-what-the-new-interest-in-saskatchewan-oil-sands-means-for-oilsands-quest?source=feed#comment-212557 212557 Wed, 23 Jul 2008 14:10:00 -0400 http://seekingalpha.com/article/85905-what-the-new-interest-in-saskatchewan-oil-sands-means-for-oilsands-quest?source=feed#comment-212076 212076 Wed, 23 Jul 2008 02:37:59 -0400 Position - Long, bought at $4.98]]> http://seekingalpha.com/article/85905-what-the-new-interest-in-saskatchewan-oil-sands-means-for-oilsands-quest?source=feed#comment-211603 211603 Tue, 22 Jul 2008 12:38:55 -0400 http://seekingalpha.com/article/85905-what-the-new-interest-in-saskatchewan-oil-sands-means-for-oilsands-quest?source=feed#comment-211101 211101 Mon, 21 Jul 2008 19:18:11 -0400 http://seekingalpha.com/article/85905-what-the-new-interest-in-saskatchewan-oil-sands-means-for-oilsands-quest?source=feed#comment-211082 211082 Mon, 21 Jul 2008 18:59:03 -0400 http://seekingalpha.com/article/85905-what-the-new-interest-in-saskatchewan-oil-sands-means-for-oilsands-quest?source=feed#comment-210705 210705 Mon, 21 Jul 2008 12:23:52 -0400 my only concern is that BQI does not sell out for less than what they are worth in both land and oil commodities, and allow some big oil bully to dictate to them what they will or won't get.
6.6 billion barrels should assure them that they are in the driver's seat, and that there are plenty of big oil players out there that can help with the refining and distribution process that would want a piece of that action.
Position: LONG Bought at $3.68]]> http://seekingalpha.com/article/85905-what-the-new-interest-in-saskatchewan-oil-sands-means-for-oilsands-quest?source=feed#comment-210434 210434 Mon, 21 Jul 2008 08:38:25 -0400
irproducts.com]]> http://seekingalpha.com/article/76104-oilsands-quest-what-s-in-a-name?source=feed#comment-202346 202346 Thu, 10 Jul 2008 12:51:43 -0400

lenihan]]> http://seekingalpha.com/article/82224-something-is-brewing-at-oilsands-quest-beyond-cramer-s-endorsement?source=feed#comment-201117 201117 Wed, 09 Jul 2008 00:39:59 -0400
]]> http://seekingalpha.com/article/81419-something-s-brewing-at-oilsands-quest-inc?source=feed#comment-194866 194866 Sat, 28 Jun 2008 16:30:57 -0400 ]]> http://seekingalpha.com/article/81419-something-s-brewing-at-oilsands-quest-inc?source=feed#comment-194865 194865 Without doing much research on the issue, I believe the bitumen recovery > for the in-situ mehtod is approximately 20-25%. > > I know that the in-situ recovery method is in use today, but I don't > think it is a major precentage of any oil sands operation. Instead, > it is viewed as a new technology that will eventually be needed, > but not for some time. Therefore, it is in use only for research > and development purposes. > > If anyone has some numbers and links to an oil sands operation that > is actually using this method -for profit, please provide. If any > productivity data is available, that would be great too. > ]]> Sat, 28 Jun 2008 16:30:02 -0400

On Jun 17 12:54 PM DDyer wrote:

> Without doing much research on the issue, I believe the bitumen recovery
> for the in-situ mehtod is approximately 20-25%.
>
> I know that the in-situ recovery method is in use today, but I don't
> think it is a major precentage of any oil sands operation. Instead,
> it is viewed as a new technology that will eventually be needed,
> but not for some time. Therefore, it is in use only for research
> and development purposes.
>
> If anyone has some numbers and links to an oil sands operation that
> is actually using this method -for profit, please provide. If any
> productivity data is available, that would be great too.
> ]]> http://seekingalpha.com/article/81419-something-s-brewing-at-oilsands-quest-inc?source=feed#comment-194558 194558 Fri, 27 Jun 2008 21:46:05 -0400 Breaker Energy Ltd. Fireweed, Up to 16 Horizontal Wells, Planned X-000-X-094-A-13 Fireweed Dec, 2009
Crucible Resources Corp. Rapdan, Up to 5 Wells, Planned 00-00-004-20W3 Rapdan Dec, 2008
Terra Energy Corp. Sunrise, 7 Wells, Planned 00-00-079-17W6 Sunrise Dec, 2008
MGM Energy Corp. Mackenzie Delta, 3 - 4 Wells, Planned Mackenzie Delta Oct, 2008 Mar, 2009
Oilsands Quest Inc. Axe Lake In-situ Project, Engineering Work Started For Initial 30,000 bbl/d Commercial Project, Pending Drilling Success, Financing, Board & Regulatory Approvals 00-00-092-25W3 Saskatchewan Dec, 2013
Rock Energy Inc. Kaybob, 2 - 3 Wells, Planned 00-00-064-19W5 Kaybob Dec, 2008
Rock Energy Inc. Lloydminster, 14 Wells, Planned 00-00-050-01W4 Lloydminster Dec, 2008
Avalon Exploration Ltd. Pikes Peak, Up to 3 Wells, Planned 00-00-050-23W3 Pikes Peak Dec, 2008
Twin Butte Energy Ltd. Bulwark, 5 Additional Wells, Planned 00-00-038-12W4 Bulwark Dec, 2008
Nuloch Resources Inc. Southeast Saskatchewan (Tableland), Up to 13 Additional Wells, Pending Initial Success, Proposed SE SK Dec, 2008
]]> http://seekingalpha.com/article/82224-something-is-brewing-at-oilsands-quest-beyond-cramer-s-endorsement?source=feed#comment-194139 194139 Fri, 27 Jun 2008 10:46:15 -0400 http://seekingalpha.com/article/81419-something-s-brewing-at-oilsands-quest-inc?source=feed#comment-193806 193806 Thu, 26 Jun 2008 22:09:54 -0400 For me i see less merits in this land grab by one company. There has been a few years in which any of the majors could have scooped up value creating land and did not. The infastructure to move the oil to market would have to be shared by several by critical players to be cost effective, I mean we are talking serveral hundred miles of large pipeline with diluent return through harsh conditions.
Second, how do we get to oil that is only 185 meters deep in a hz/SAGD application. The shallowness tells me that the lateral reach in wells would be short played, thus more wells are needed. CNRL Primrose play can reach out to 2000 meters in a depth of 700 meters TVD (true verticle depth) and with the Steam throttle joints on the liners at strategic placement where they are heating reservoir areas accordingly to reservoir engineering.
Thirdly, a CNRL SAGD was a total wash at Wolf Lake Primrose area. Case being the combined mineralization of injected steam and quality of sands created cement like hardening of silt and clay around producing well bores. A $100 million dollar bungle? My contract was cancelled and almost broke me.
As was said earlier, there are factors that are scary and just because a junior says they can do it leaves me to shudder when no press releases indicate the engineering mountain ahead of them.
Characteristically, there are potentail projects stopping an hour west of there with better parameters when cost capturing is unaccountable, hence the for sale sign. (looking for big oil capital)
Big oil has deep pockets for mistakes, engineering baselines for cost analysis (inhouse).
Being contracted to Imperial at Cold Lake,
I see the most intellegent approach by any oil producer. There has been a learning curve there for 50 years and still, major hurdles abound. Shifting reservoirs sheering up to 24 well pads completely. You cant walk away from those until EUB says you spent enough time and money. Their plays are upwards to 120 meter thick payzones.
10 years ago the cost to produce a bbl of Cold Lake Imp was $12.
Then again they play the sharp pencil with contracts.
The best I can see for this shallow play is a huff puff which in a short zone tends to play out early with small amounts of oil recoverable.
Additionally the EUB prefers SAG/D as it refers to cyclical steaming as fracturing of formation caps and nightmares for the parties involved. Small lakes of tar appearing overnight on the surface.
Good Luck CanWest ....errrr Quest(ionable) Oilsands.
Still waiting on my CGX to hit the elephant.
Still smarting from the institutionally backed Bre-ex.

quote: "I think Imperial made money at Cold Lake, when all costs are included and discounted. But their deposit is very high quality, and Cold Lake bitumen gets a good price because it makes excellent asphalt, compared to other bitumens on the market."
17% ashphaltines and they make their own market.

This is only an opinion and has no legal bearing or qualified insight as to what the value of this stock is or is not.
]]> http://seekingalpha.com/article/82224-something-is-brewing-at-oilsands-quest-beyond-cramer-s-endorsement?source=feed#comment-192942 192942 Wed, 25 Jun 2008 22:51:01 -0400

]]> http://seekingalpha.com/article/82224-something-is-brewing-at-oilsands-quest-beyond-cramer-s-endorsement?source=feed#comment-192299 192299 Tue, 24 Jun 2008 23:46:20 -0400 http://seekingalpha.com/article/81419-something-s-brewing-at-oilsands-quest-inc?source=feed#comment-191326 191326 Mon, 23 Jun 2008 18:51:30 -0400 http://seekingalpha.com/article/82224-something-is-brewing-at-oilsands-quest-beyond-cramer-s-endorsement?source=feed#comment-190646 190646 Mon, 23 Jun 2008 02:43:46 -0400 Last Oct GACHF was a $1.35/share stock. Listening to Cramer you would have been out of that position at $3-$4. Now it is +/-$10? The pigs finally had their day and got a Presidential pardon? Too often a Cramer endorsement is just a kiss of death! Cendant, Montpelier Re and some paint manufacturer with lead paint exposure are just a few of his bombs.]]> http://seekingalpha.com/article/82224-something-is-brewing-at-oilsands-quest-beyond-cramer-s-endorsement?source=feed#comment-190389 190389 Sun, 22 Jun 2008 16:48:16 -0400 http://seekingalpha.com/article/82224-something-is-brewing-at-oilsands-quest-beyond-cramer-s-endorsement?source=feed#comment-190381 190381 Sun, 22 Jun 2008 16:39:03 -0400 http://seekingalpha.com/article/82224-something-is-brewing-at-oilsands-quest-beyond-cramer-s-endorsement?source=feed#comment-190378 190378 Sun, 22 Jun 2008 16:36:39 -0400 http://seekingalpha.com/article/82224-something-is-brewing-at-oilsands-quest-beyond-cramer-s-endorsement?source=feed#comment-190375 190375 Sun, 22 Jun 2008 16:32:03 -0400 http://seekingalpha.com/article/82224-something-is-brewing-at-oilsands-quest-beyond-cramer-s-endorsement?source=feed#comment-190347 190347 Sun, 22 Jun 2008 15:54:00 -0400 It still remains to be seen the extent and quality of the resource base as well. something may indeed be up, speculation is it.]]> http://seekingalpha.com/article/82224-something-is-brewing-at-oilsands-quest-beyond-cramer-s-endorsement?source=feed#comment-190283 190283 Sun, 22 Jun 2008 13:45:12 -0400 http://seekingalpha.com/article/81419-something-s-brewing-at-oilsands-quest-inc?source=feed#comment-189745 189745 Sat, 21 Jun 2008 12:30:36 -0400
Also, a couple of months ago, two institutions made huge purchases of new issues of stock. If I recall right it was at $4.20/share One was $4.5-million dollars and the other was for $50-million! So, about two months ago, some institution gave a $50-million vote of confidence in the stock. Does anybody think any institutional investor would be stupid enough to put that kind of money into a loser?]]>