RE:RE:Disappointment in the PlanI have a contact that works NE BC , most of the permits are with respect to existing projects.
Permits for new projects are just not being given out, form what i understand.
When you look at companies like TOU they have 5% growth factored into ther capex budget so there are no incremental costs regarding growth.
From the confrence call it sound like they would going to add about 15,000 boe at Kakwa, its a good start.
I was kind of disappointed in ARX when you heard the CFO report on drilling costs and drilling efficiency, it clear they are internally messed up with to many accountants, and that is the word on the street regarding ARX, run by a bunch of accountants.
IMHO