RE:RE:RE:PGR conf callFrom an Oct 8 RBC analyst's report "Prince George Refinery (PGR) acquisition extends value chain, while delivering extra cash. The acquisition of PGR for $215 million plus an estimated $62 million for acquired inventory extends Tidewater's value chain, particularly with the ability to feed 45 degree API condensate coming from the company's new Pipestone gas plant into PGR as an optimal feedstock. Tidewater expects excess cash flow generation to provide an ability to delever to the 2.5-3.0x debt/EBITDA range over the next 24 months, while also potentially providing excess cash flow that improves the funding flexibility for Pipestone 2."