GREY:LSTMF - Post by User
Comment by
ltrabson May 13, 2011 8:57pm
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Post# 18575465
RE: PBN vs. CPG:
RE: PBN vs. CPG:
I don’t think PBN and CPG price movement makea good comparison.
CPG operated for years as an income trust with an attractive payout, .
CPG illustrates how important managements communication skills are.
CPG is milking theBakken with a few secondary incomesources and they have lots of land.
A large number of their future wellinventory are based on doublingthe wells per section from 4 to 8.
Whereas PBN now say they have a profitable Bakken operation and are moving over to the Cardium.
Their businessplans are quite different. IMO