RE:RE:RE:Good quarter .According to Joel's prepared remarks in the call 2021 growth capex was heavily Q1 and that's about half of the budgeted growth capex for the year. 'high rate of return optimization projects'
As always, the inflection point is just around the corner, but a positive FID on the renewable diesel project and the eventual closing of Pioneer will go a long way.
Potential expansion of Pipestone is being floated out there again, too. It's hard not to be skeptical after the last couple of years but at $3 aeco and $60 wti, good frac spreads and rack prices of $0.90/l, they might make this work yet.