RE: RE: international operationsHi naruto (and fellow ONR/PSN investors):
I'm also concerned about the environmental issues about hydraulic fracking and PSN is in the business of supplying the tanks that holds the water for this process. The environmentalists are a very powerful lobby group in the U.S., see what they are doing to the Keystone pipepline. However, I also came upon this article and it sure looks like things are very rosy with shale gas.
https://seekingalpha.com/article/305711-chesapeake-announces-2-land-leasing-deals-a-new-stage-in-u-s-shale-gas-development
I'm not confused, but I think I'm getting mixed signals here. I know in Quebec there is a mortitorium banning fracking, but Quebec has no oil and gas production to speak of. May be it's just a political grandstanding thing. If's it's Alberta I would be very worried.
Anyway, we all should be aware of this issue and I just hope PSN has done its due diligence when they spinoff the water tank business.