TSX:HSE.PR.B - Post by User
Comment by
mrbbon Oct 31, 2018 7:33pm
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Post# 28904991
RE:RE:RE:RE:RE:Response from HSE to MEG circular
RE:RE:RE:RE:RE:Response from HSE to MEG circularmrbb wrote: blockquote> the expert agree with me, it's a stupid time to ramp up production. https://calgaryherald.com/opinion/columnists/varcoe-alberta-faces-calls-to-crimp-oil-output-to-resolve-price-discount?fbclid=IwAR1nzxNxiuokW9ABHFPNwPcu_9_wJ6sPZIIpanEPNr-Ft-2Q1JAk8eJYjyA Also comments from cenovus and arc financials "The industry as a whole would benefit from other producers also The industry right now has a production problem. Were going to do our part, but were not going to carry the industry on our back....Were doing it because it is the right thing for our company and hopefully other industry players would have a similar view, Pourbaix said. I think people would be surprised at how a relatively small reduction in volume could be a very big benefit for Alberta and Canadians ARC Financial estimates that Canadas oil market is currently oversupplied by about 200,000 bbls/dreducing volumes, Cenovus CEO Alex Pourbaix said on a conference call this morning discussing the companys third quarter results."
Hope this format is more readable. I'm still working with an old PC and old operating system. I'm just not a well paid spinner to buy new pc...................... The expert agree with me, it's a stupid time to ramp up production. ...................................... https://calgaryherald.com/opinion/columnists/varcoe-alberta-faces-calls-to-crimp-oil-output-to-resolve-price-discount?fbclid=IwAR1nzxNxiuokW9ABHFPNwPcu_9_wJ6sPZIIpanEPNr-Ft-2Q1JAk8eJYjyA ..................................................................................................... Also comments from Cenovus and Arc financials:............................... "The industry as a whole would benefit from other producers also The industry right now has a production problem. Were going to do our part, but were not going to carry the industry on our back....Were doing it because it is the right thing for our company and hopefully other industry players would have a similar view, Pourbaix said. I think people would be surprised at how a relatively small reduction in volume could be a very big benefit for Alberta and Canadians ARC Financial estimates that Canadas oil market is currently oversupplied by about 200,000 bbls/dreducing volumes, Cenovus CEO Alex Pourbaix said on a conference call this morning discussing the companys third quarter results."