Twin Butte Energy Ltd TBTEF

RE: Robert Lauzon on BNN

[JohnRB]

Here's an optimistic quote regarding differentials in Q4,  from the Baytex site.  Though the futures don't seem to be reflecting that price.

"...This view of tightening heavy oil differentials is supported by PIRA, in their most recent “North American

Midcontinent Oil Forecast”, issued January 7, 2013. They are forecasting the WCS differential will tighten 

to about US$22.00/bbl by June 2013, then to US$13.00/bbl by Q4/13 as more refineries run heavy and 

Canadian oil is able to move more freely to the US Gulf Coast."

         

https://www.baytex.ab.ca/files/pdf/Operations/Q4%202012%20Heavy%20Oil%20Pricing%20Update.pdf