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Encana Corporation Message Board

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  • rdesroch rdesroch Mar 1, 2005 2:07 PM Flag

    O/T UTS/PCA JV - Thanks Frozen

    Frozen

    I listerned to both CC's toady and also did some more digging into PCZ (PCA.to).

    I believe this is what PCZ also needed to give them the extra advantage of long life production.

    The north sea and eastern Canada will give them great CF for a few years, but this provides an base after that, not just for the sands, but also for the upgrading.

    I also like the acquisition of the rockies PCZ made last year. This is two good moves that have come very quickly to make them more attractive.

    The three companies presentations I have listerned to today (SU, PCZ, and CNQ) all have an ROCE of their new sands projects at 15% @ $about $29 wti.

    I feel badly that CWEI has gone the way of VPI, and I now post on Kevin's and Dan's private board. I have gaind a great deal of information from these boards, and I too am greatful.

 
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