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Perpetual Energy Inc T.PMT

Alternate Symbol(s):  PMGYF

Perpetual Energy Inc. is a Canada-based oil and natural gas exploration, production and marketing company. The Company owns a diversified asset portfolio, including liquids-rich conventional natural gas assets in the deep basin of West Central Alberta and undeveloped bitumen leases in Northern Alberta. The Company also has a portfolio of oil sands leases which have bitumen resource potential.


TSX:PMT - Post by User

Bullboard Posts
Comment by boulignyon Dec 14, 2012 11:23am
106 Views
Post# 20730854

RE: Wow, HUGE Wilrich wells

RE: Wow, HUGE Wilrich wells

worried about what to do with profits?  here's a wonderful idea ...

https://www.washingtonpost.com/business/with-a-natural-gas-tax-everyone-can-benefit/2012/12/07/6c678b8a-3cd7-11e2-ae43-cf491b837f7b_story.html

"I’m talking about a tax on natural gas, imposed at the wellhead, that would effectively raise the price from current levels to those closer to the world price. The effect on chemical companies and power companies and other end users would be roughly the same as allowing unrestricted exports to drive up the price. But instead of the energy industry capturing all the windfall, much of it could be captured instead by the government.

The proceeds from this tax could be rebated to consumers to offset the impact of higher electric prices. Or they could be used to compensate workers in the coal industry for job losses suffered as a result of new air pollution regulations and conversion of coal-burning plants to gas. Or they could be used simply to lower the government’s operating deficit or lessen the need for painful spending cuts or tax increases."

Bullboard Posts