GREY:PSLRF - Post by User
Comment by
Sir_Holleron May 17, 2013 12:26pm
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Post# 21409486
RE: RE: RE: RE: RE: PXL Reports First Quarter 2013
RE: RE: RE: RE: RE: PXL Reports First Quarter 2013 but one the one hand you seem to be negative about PXL's ability to increase production. Then you seem to be positive that they are already back on track to increase production at year end.
Read more at
https://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&m=32579917&l=0&r=0&s=PXL&t=LIST#u7T4bgws45tSKBFZ.99 They are back on track to increase production by the end of the year as budgeted, but it is at a reduced growthrate compared to prior years, and with differentials/WTI back to normal pricing now they are reluctant to commit right now to an increased budget. They will take it day-bay-day and look to increase the budget if there is any excess cash. They don't have confidence in the current environment.