RE:wowzers...25 cent aeco now.... Other way around Kav. The worst has passed even Q2 had higher cash flow than Q1 for most companies including PNE. When traders are back in September it's time to place your bets.
Hedge books are finally making a difference to earnings for the late hedgers. In about 4 months investors are going to be bittching about how hedges are holding back earnings because prices are higher.
all of the "nasty" economic news out there and worldwide crude demand still hit another record high last month.