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Ovintiv Inc OVV

Alternate Symbol(s):  T.OVV

Ovintiv Inc. is an oil and natural gas exploration and production company. The Company is focused on the development of its multi-basin portfolio of top tier oil and natural gas assets located in the United States and Canada. Its operations also include the marketing of oil, natural gas liquids (NGLs) and natural gas. Its segments include USA Operations, Canadian Operations, and Market Optimization. USA Operations segment includes the exploration for, development of, and production of oil, NGLs, natural gas and other related activities within the United States. Canadian Operations segment includes the exploration for, development of, and production of oil, NGLs, natural gas and other activities within Canada. Market Optimization segment is primarily responsible for the sale of the Company’s production to third-party customers and enhancing the associated netback price. The segment’s activities also include third-party purchases and sales of product to provide operational flexibility.


NYSE:OVV - Post by User

Bullboard Posts
Comment by gasoholicon Mar 27, 2012 3:58pm
172 Views
Post# 19724524

RE: RE: RE: RE: More Asian Cooperation Announced

RE: RE: RE: RE: More Asian Cooperation Announced

What Diefenbaker and Trudeau could do over 35 years ago is very different than what Harper can do today .

Back then society in general was more compliant and willing to accept business development . The generation that fought WWII was still in power . There was no Greenpeace , no Sierra Club ,etc . In respect to the natives they now have defacto veto rights . The original judical decision was that natives were to have consultation in any development  on any lands they were claiming  , but it has turned into much more than that .

With respect to the royalty rate , windfall taxes and fracking moratorium , the province owns the resource period . The federal government cannot set royalty rates .  My point is that if a potential NDP provincial government choses to tax energy companies into submission it can . Evne the conservatives in Alberta tried that one , and they were supposed to be energy friendly .

I haven't made any statements regarding the province stopping Pacific Trails or Gateway from being built . I'm in favour of both these projects . But I think that the Gateway just has too much opposition . The Pacific Trails appears to be dead in the water for now , not for lack of government approval however .

regards

G

Bullboard Posts