RE:RE:RE:RE:RE:RE:Pieridae buying Corridor????None of the Quebec plays have enough financing to do anything meaningful except PEA now who have a bank line of $1B for property development from the German Government.
I have a feeling once the new legislation is complete there will be some meaningful farm in details worth hundreds of millions in development.The top tier majors are trying to get their hands on as much Natural Gas properties as they can as it is quite evident this will be the fuel of the future alongside renewable energy. Look at all the countries phasing away from Coal, Italy just yesterday - yes this means more renewables but it also means much more NG and LNG.
Those of us that are well positioned will do quite well in the coming months as all it will take is a couple of halts, some huge deal news and we are back to 2008 pricing.
GLTA