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- After surging by a whopping 282% in one year, Rock Energy looks good for more upside over the next 12-18 months.
- Rock Energy is set for strong production growth in FY14 with a revised production guidance in 1Q14 setting up another catalyst.
- A high impact exploration program is lined-up for FY14 and FY15 and this will translate into strong reserves and production growth.
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Mar. 15, 2012, 1:20 PMStung by low U.S prices for oil (WTI), Canadian producers are increasingly turning to rail to transport product and receive the world price (Brent). Baytex Energy (BTE) is among those betting the wide differentials will continue, now moving 15% of its heavy oil production by rail, and expecting to do more. | 2 Comments
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