GREY:CLLZF - Post by User
Comment by
strzelinon Jun 28, 2007 5:48pm
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Post# 13016076
RE: I would Love to see CLL Halted /2CRUDE
RE: I would Love to see CLL Halted /2CRUDEIt is so refreshing to read all your posts .You remind me the other poster (Remiro41) who has the hands on experience with SAGD.
You said that if the bitumen is hot enough to be produced and treated, it can be trucked, even without diluent add to it.
Could you please explain (if you have the time )if this is achievable in the winter temperatures when the heavy bitumen ,without diluent has to stay in the track for 1 to 3 Horus.
Is this practical way of selling the bitumen and getting $30/bbl instead of the $40 to $42 for 12 degrees API Alberta Heavy OIL .
My engineering is in Electronics, but since I retired last year (at 57) I have got sucked in to this oilsand technologies thanks to the CLL.
From what I am reading Upgrader and the pipeline is the only logical option. Unfortunately in Canada generally it may take more then 4 years (from planing to operation)for a new pipeline to be put in services. Mainly due to lengthly regulatory proceedings.
Is there something I am missing here?
On the lighter note.I put the sting bid this morning for 10000 CLL shares at $3.62. Got the part fill for 2300 only.It turn out to be the lowest price of the day. Total holdings just shy of yours.
Ready to learn more,JUREK