RE:Cve pop monday …lolbudgeted ..AECO ($/Mcf) 2.80 $.. up until a few days ago it was closer to $1 and once this polar vortex subsides AECO nat gas will collaspe once again due to massive in the ground inventories and simple over production..
More imporatantly CVE is a sizable nat gas producer in its own right in the WCSB..here is a quote from their operations page...dwdc
Our conventional oil and natural gas operations are located in Wes"tOur conventional oil and natural gas operations are located in Western Canada. They include assets rich in natural gas and natural gas liquids (NGLs) within the Elmworth-Wapiti, Kaybob-Edson, Clearwater and Rainbow Lake operating areas in Alberta and British Columbia, as well as interests in numerous gas processing facilities. These assets provide short-cycle development opportunities with high-return potential that complement our long-term oil sands development and serve as an economic hedge for the natural gas we use at our oil sands and refining operations.ern Canada. They include assets rich in natural gas and natural gas liquids (NGLs) within the Elmworth-Wapiti, Kaybob-Edson, Clearwater and Rainbow Lake operating areas in Alberta and British Columbia, as well as interests in numerous gas processing facilities. These assets provide short-cycle development opportunities with high-return potential that complement our long-term oil sands development and serve as an economic hedge for the natural gas we use at our oil sands and refining operations.