Primeline Energy Holdings Inc V.PEH.H

War on smog bodes well

[cupricity]

Watch the price of natgas in China catch up very quickly.  This is priced about a third of where it should be.  14 is 19 CDN 7 percent iscount is still 17.50 cdn.  Great de risked entry point.

[drd8]

In recent years, Chinese national oil companies—Sinopec and CNOOC in particular—have invested heavily in natural gas, reflecting a de-emphasis of coal-fired power production. These efforts are integral to Beijing’s goals of reducing carbon emissions and account for much of its decreasing reliance on coal imports. Add record demand and what you have is either Husky or CNOOC making a play