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Canadian Oil Sands, Penn West Energy Protected on the Downside

Jack - thanks! Have you considered writing for seekingalpha.com?

Canadian Oil Sands, Penn West Energy Protected on the Downside

Jack, that performance might put you in the top20% of hedge funds :-) You should ask for your 2/20 deal straightaway.
Seriously though, how do you see the PWE payout being sustained, is there any history in PWE's past that suggests when they might cut a payout, i.e. if oil goes to $104 within 2 quarters they'll cut the distribution by X%?
I realize that's asking alot but you seem to know what you're talking about.