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Petrus Resources Ltd T.PRQ

Alternate Symbol(s):  PTRUF

Petrus Resources Ltd. is a Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk-managed exploration in Alberta. The Company has an inventory of low-risk oil and natural gas development assets in its Ferrier, North Ferrier and Thorsby operating areas. Its core area, Ferrier, is a resource play. The Ferrier is a liquid rich Cardium gas play. North Ferrier is an extension of its core Ferrier area. Its Thorsby asset is located in the central part of the province. Its properties, located in the foothills of Alberta, are a more minor area for the Company. The Company is also evaluating Kakwa, an early-stage Dunvegan oil play, for potential further long term development.


TSX:PRQ - Post by User

Post by llerrad5on Aug 24, 2023 6:08pm
363 Views
Post# 35604537

The coming 2024 Winter weather Surprise

The coming 2024 Winter weather SurpriseA surprise is in store for the Nat Gas market for the coming winter. Most are calling for a warm El Nino in North America and Europe.
Difference is this will be a Modoki EL nino which is already forming in the Pacific.
(This is from Eric Hadik, advisor to hedge funds primarily on softs)

The combination of a El Nino Modoki and a strong negative QBO(Quasi Biennial Oscillation) supports a cold central/eastern based US winter starting in January with a warm December preceding it and lasting well into mid April.

Epic heavy nor'easter snow potential exists for the Northeast/Mid-Atlantic and SE US stemming from a very warm Atlantic and positive Atlantic multi-decadal oscillation(AMO).

 

Europe will have a long cold snowy winter that will rekindle the worry over precarious supplies of LNG. They will not be blessed with another warm winter.

(I've made good $$ folowing his advice and will go long,averaging in.)

 



 






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