RE: More news....Red Deer I have great faith that the gas is there and it is my humble opinon it is the sweet spot of the Martimes.
Opening it up needs both is science and dumb luck, I think you would agree. 100 ways to do it well or 100 mess it up.
Claude Anger dreamed about this for the 18 years that he had the property, he and his assembled partners found even more than 100 ways to mess up. Wonder why he or his friends never bid on any of the many acreages that have come up on P.E.I. since. Reverse that though, ever wonder why PTW did just the opposite.
I do not feel money is the issue here, with all the work completed in the past four years it has and should continue to attract money real fast or it "will not". Hundreds of miles of modern seismic and a hugh 3D should sell it self. It has in McCully and it has in Truro with EOG/Husky and it seems to have in Stoney Creek by what I have heard of late. No sence of you,me,Claude,Fisher,CBC,Liberal Party of P.E.I.anybody,continuing to moan about this or that,get on with it or go to therapy would be my advise.
Stock is closed and it will important to see why, the IPO stumble was radical at the start, sharholders cranky I am told and I assume heads rolled because of that.
Bottom line is onshore maritimes is very very busy, people are not paying attention to the large amounts of money around with Corridor/EOG/Husky/Steath/Contact/Columbia but they are paying attention to this one because it is bloody famous or infamous for some reason. This project has been attacked by everyone that could read, write, print or broadcast,but it still chugs ahead.
Here is your morning smile, hotels near McCully in N.B. full of oil workers not a sound, hotels near Truro full with oil workers not a peep, hotels near Souris full of PTW oil workers and yes someone whinning this am on the radio. Turned on the radio to see if the storm will let up and some sniveling clown complaining that the oil workers are taking up all the rooms and he had to drive 45 minutes to another town to find a room in the storm. This in a really really depressed area, of a slow part of Canada, with the highest electric bills in the land, that has not had hotels full, in the winter, since Confederation. Only truly happy people on P.E.I. are the wing men on the snow plows that have only one more week to go to collect unemployment insurance.
I am going to follow this like a hawk but need to but on noise filters so I can think.
So very happy with being apart of the Corridor struggle and their long term efforts, Corridor Cavendish P.E.I./Elgin N.B. is next and with lots of cash and wish everyone well on P.E.I. with explorations.