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Pipestone Energy Corp T.PIPE


Primary Symbol: BKBEF

Pipestone Energy Corp. is a Canada-based oil and gas exploration and production company. The Company is focused on developing its condensate rich assets in the Pipestone area of Alberta. It is engaged in the exploration for, and development and production of, oil and natural gas liquids, including condensate, pentane, butane, propane and ethane (Liquids) and natural gas in Western Canada. It is the operator of a condensate-rich Montney asset in the Pipestone area near Grande Prairie. Its Pipestone Wembley Project is located just outside of Grande Prairie, Alberta and covers more than 90,000 net acres.


OTCPK:BKBEF - Post by User

Comment by Oldnaggeron Feb 04, 2021 8:01am
105 Views
Post# 32468195

RE:Watch US natural gas storage reports

RE:Watch US natural gas storage reportsSee celsiusenergy.net , unless the eia numbers prove otherwise, the estimated real time inventories are finally scheduled to fall below the prior years today. Quite an achievement considering one of the warmest winters on record in North America. Won't be much longer till inventories dip below the 5 year. After that not only higher nat gas will be needed to stem the continuing decline but also much higher WTI to bring back the associated gas production . That will require lots of time as PDP reserves have been severely depleted .  Incredible to think how long it takes investors to wake up to these facts.!! perhaps by next winter when they turn up the thermometer and nothing happens they will start asking questions.
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