OTCPK:ATGYF - Post by User
Comment by
Bigbadoilon Oct 31, 2007 1:39pm
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Post# 13726223
RE: rfk67...
RE: rfk67...Everyone in the service sector has done very well over the last little while, and slso quite a few oil executives have got very rich selling out their companies to larger entities. However, Mr Flaherty put a damper on that one with the Trust debacle.
So everyone got jealous and wants their "piece of the cake" Next steps up "Steady Eddy". I have no problem with Alberta increasing its Royalties and I aint a screaming leftie either!
However the process was poorly executed and hurried.. Thanks to the legacy of Sir Ralph (I dont care about Royalties!), this issue was ignored. But its all been too rushed and badly timed with the low gas prices. Unfortunately it will have the effect of "pouring salt on the wound". Oil prices are high yes, but most of Alberta's oil fetches way less than $93 per bbl and the basin is more gas prone
Costs are coming down, yes and that is good. However Mr Swami, there may not be as much work for you going forward!! However you will do all right with your AEN and Oil LOL!
Bigbadun'