RE:RE:RE:The company web-site
If oil stays down here in the $40's we'll have alot more trouble than worrying about COS, especially if you live in Alberta.
Sell everything oil related if you believe that!
https://blog.evaluateenergy.com/how-sustainable-is-canadian-oil-gas-at-50-oil
Less than 20% of leading Canadian oil and gas companies with oil-weighted production will be able to sustain their business long-term at US$50 a barrel. The longer that benchmark prices stay this low, the quicker and deeper the decline in expenditures on exploration and new development – and consequently on Canadian oil production – will be. Externally-sourced finance for development could also be limited; the inevitable writedowns of assets that will accompany the falling oil price could harm companies’ ability to borrow based on their reserves going forward and low share prices may discourage companies from securing finance by issuing equity.