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Pipestone Energy Corp T.PIPE


Primary Symbol: BKBEF

Pipestone Energy Corp. is a Canada-based oil and gas exploration and production company. The Company is focused on developing its condensate rich assets in the Pipestone area of Alberta. It is engaged in the exploration for, and development and production of, oil and natural gas liquids, including condensate, pentane, butane, propane and ethane (Liquids) and natural gas in Western Canada. It is the operator of a condensate-rich Montney asset in the Pipestone area near Grande Prairie. Its Pipestone Wembley Project is located just outside of Grande Prairie, Alberta and covers more than 90,000 net acres.


OTCPK:BKBEF - Post by User

Comment by navajojoeon Jun 06, 2023 3:59pm
85 Views
Post# 35483119

RE:RE:RE:RE:RE:Natural gas

RE:RE:RE:RE:RE:Natural gas High storage numbers always equates to low prices, which encourages consumption, which helps bring down the storage number. But we have become dependant on LNG flows out of the gulf coast recently, and Europe's storage is also high, which could put a dent in that demand.

I remain bullish for next winter, as has always been my target, but there are a few more questions-without-answers than I had last fall. PIPE's revised guidance along with the winter-that-never-was created that uncertainty.

But like Seppelt said, if one didn't have hope, it would be insane to be invested in this, or any other nat gas stock.
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