RE: As i was saying...Most of the recovery in the O & G sector since mid-May echoing the rebound in spot crude prices has been in seniors and established producers or those with huge inventories (like CNQ which has gone from 60.85 pre-split on May 16th to over $50.00 post 2-1 split today, a jump of over 60% in 2 months)
This is the off-season for speculative deals, but with huge profits being made in the higher quality issues, there's bound to be a spill-over into exploration and development stories like SLG...the traders will have more opportunities soon...