thor_92108's Comments

thor_92108's Comments thor_92108's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/297043/comments Penn West Cuts Distribution, But Does Management Have Any Credibility? http://seekingalpha.com/article/128357-penn-west-cuts-distribution-but-does-management-have-any-credibility?source=feed#comment-444084 444084 Me thinks they are reconsidering cuts by other Canadian Oil Trusts such as PVX and want to follow their example.....yes but what motive?
Greed me thinks!]]> Sun, 29 Mar 2009 12:28:21 -0400 Me thinks they are reconsidering cuts by other Canadian Oil Trusts such as PVX and want to follow their example.....yes but what motive?
Greed me thinks!]]> 5 Energy Stocks with Low Long-Term Risk http://seekingalpha.com/article/105039-5-energy-stocks-with-low-long-term-risk?source=feed#comment-316955 316955
" Buying oil sands (COSWK.PK) makes ABSOLUTELY NO SENSE right now because the price of oil needs to be much higher than it is now to justify the high costs of extracting. In comparison, PWE has mostly conventional oil wells, where costs of extracting is lower. "

most aptly sums it up here!
]]> Fri, 28 Nov 2008 19:39:38 -0500
" Buying oil sands (COSWK.PK) makes ABSOLUTELY NO SENSE right now because the price of oil needs to be much higher than it is now to justify the high costs of extracting. In comparison, PWE has mostly conventional oil wells, where costs of extracting is lower. "

most aptly sums it up here!
]]> Energy Trusts at Risk of Distribution Cuts - Scotia Capital Analyst http://seekingalpha.com/article/108327-energy-trusts-at-risk-of-distribution-cuts-scotia-capital-analyst?source=feed#comment-316947 316947

]]> Fri, 28 Nov 2008 18:42:48 -0500

]]> Canadian Royalty Trusts in Need of an American Revolution http://seekingalpha.com/article/108123-canadian-royalty-trusts-in-need-of-an-american-revolution?source=feed#comment-315824 315824 Wed, 26 Nov 2008 16:06:04 -0500 Canadian Royalty Trusts Will Never Return to Their Former Glory http://seekingalpha.com/article/107494-canadian-royalty-trusts-will-never-return-to-their-former-glory?source=feed#comment-313954 313954 Or are you just totally Bearish on the Canadian Oil Trusts..you fail to mention US oil trusts such as BPT and Mexico Oil Trusts in their UMS bonds which by the way seen a size able increase in Price???? BPT has shown a huge drop in production ie from 400,000 to 300,000 bbl of oil per day in less than 13 months(I don't see BPT stock at sub basement prices like the Conroys see BPT$74/share vs PWE $13.60/share now vs BPT $108/share and PWE's $35/share this spring-summer 2008).
As an oilman a 25% drop in production over 13 months time especially at the end of its projected production era is far more terrifying than the prospects of future questionable tax burdens under any circumstances...so why aren't shares of BPT dropping??? Congressman Markey's (D. Mass.) proposal to cancel the withholding credit currently enjoyed by US investors is not a certainty nor do you know for a fact that the Obama folks will even act on it remember they put Richardson as Commerce secretary, and he’s shown a lot of conservative taxing ideals in the past….
]]> Mon, 24 Nov 2008 15:17:08 -0500 Or are you just totally Bearish on the Canadian Oil Trusts..you fail to mention US oil trusts such as BPT and Mexico Oil Trusts in their UMS bonds which by the way seen a size able increase in Price???? BPT has shown a huge drop in production ie from 400,000 to 300,000 bbl of oil per day in less than 13 months(I don't see BPT stock at sub basement prices like the Conroys see BPT$74/share vs PWE $13.60/share now vs BPT $108/share and PWE's $35/share this spring-summer 2008).
As an oilman a 25% drop in production over 13 months time especially at the end of its projected production era is far more terrifying than the prospects of future questionable tax burdens under any circumstances...so why aren't shares of BPT dropping??? Congressman Markey's (D. Mass.) proposal to cancel the withholding credit currently enjoyed by US investors is not a certainty nor do you know for a fact that the Obama folks will even act on it remember they put Richardson as Commerce secretary, and he’s shown a lot of conservative taxing ideals in the past….
]]> Canadian Royalty Trusts Will Never Return to Their Former Glory http://seekingalpha.com/article/107494-canadian-royalty-trusts-will-never-return-to-their-former-glory?source=feed#comment-313918 313918 Mon, 24 Nov 2008 14:31:00 -0500 Canadian Royalty Trusts Will Never Return to Their Former Glory http://seekingalpha.com/article/107494-canadian-royalty-trusts-will-never-return-to-their-former-glory?source=feed#comment-313906 313906 I'd refute your estimations of total cost of productions like $35 not to mention $40/bbl > I used to be in the US business and our costs were $10-$25 max and having worked with Canadian oilmen I don't think US oilmen were any smarter or more heavily taxed remember the Windfall profit tax in the 80's well that above $20-$25 includes that burden.....

On Nov 24 10:08 AM steve Ward wrote:

> Gentlemen, succinctly, the point is they are not replacing production.
> Why wait until 2011? The heck with why they did it, the government
> did it. The US investor fares the worse. Why wait when assets will
> be cheap for a period of time?
> Flaherty held out the olive branch to the Canroys with a convert
> now and you will be included in the lower corporate tax act.
> Why wait?]]> Mon, 24 Nov 2008 14:22:48 -0500 I'd refute your estimations of total cost of productions like $35 not to mention $40/bbl > I used to be in the US business and our costs were $10-$25 max and having worked with Canadian oilmen I don't think US oilmen were any smarter or more heavily taxed remember the Windfall profit tax in the 80's well that above $20-$25 includes that burden.....

On Nov 24 10:08 AM steve Ward wrote:

> Gentlemen, succinctly, the point is they are not replacing production.
> Why wait until 2011? The heck with why they did it, the government
> did it. The US investor fares the worse. Why wait when assets will
> be cheap for a period of time?
> Flaherty held out the olive branch to the Canroys with a convert
> now and you will be included in the lower corporate tax act.
> Why wait?]]>