Post by
Valueseek1982 on Aug 07, 2015 11:34am
Alliance Pipeline Force Majeure - and no announcement!
All area operators announcing and they are not. Alliance pipeline down. Area operators are shutting in injections. Something doesnt add up
Comment by
Valueseek1982 on Aug 07, 2015 2:28pm
Did some due diligence and I stand corrected they are not in alliance - but something still doesn't add up. Too aggressively booked imo and running room at kakwa is limited.
Comment by
righand2 on Aug 07, 2015 3:15pm
What are you talking about?
Comment by
Valueseek1982 on Aug 07, 2015 3:26pm
I'm talking about their reserves - they are something like 60 to 65 percent booked - that is Super aggressive in this environment. Tell me how they are going to access these booked reserves when they are so heavily drawn on their credit facility. But you shouldnt worry because they are going to high close this thing anyways. Their is a 10 min rule they'll do this at 12 prior.