RE: RE: RE: US O&G Drillers find respite in guar w The Trican report reflects some of the concern in your post. Second quarter had wet weather
and weight load limits on roads. Despite of having prewarned Trican results were better
than I expected, and outlook is terrific for rest of year. Guar prices have been exaggerated
and have come down dramatically. Based on Trican and several other upbeat forecasts
from HAL,SLB,BHI and others Calfrac should be 25-30% higher by year end.
I usualy wait until after the shoulder months to load up. I am buying early this year
because the sector has been oversold. CFW is already up over 10% from our last posts.