GREY:BXEFF - Post by User
Post by
samsungjd43xlon Nov 28, 2014 2:22pm
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Post# 23174874
Processing power
Processing powerMaybe the cash flow from production has dropped. But the value of their on time, on budget and paid for processing plants has just increased in value.
It will be next to impossible for a while for small and intermediate producers to access the funds needed to build these. There still is a complete shortage of processing supply with not enough coming on stream just to meet current demand. As well, these state of the art facilities will extract more liquids thus reducing costs giving BXE an advantage over their competitors.
It may have seemed like bad timing for BXE to build these when it was announced, but the timing couldn't have worked out better in hindsight.
I got feeling that's one of the reasons that's keeping Orange and the JV's so interested.