GREY:PSLRF - Post by User
Post by
Sir_Holleron Jul 18, 2013 10:39pm
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Post# 21617149
WTI less than $1 below Brent
WTI less than $1 below BrentThat is one bottleneck out of the way. In about three weeks the next financials will be out and that should help drive home how much money PXL is making given the surge in production in Q2, rising oil prices, and increased use of rail. With the year more than half over, and talk about increasing the budget if conditions warranted, PXL's budget/guidance could also be formally increased for 2013. With WTI now trading at world prices and a decision on Keystone ahead, there could be perfect sailing from here.