"Specifically, Perry plans to permit drilling in the Arctic National Wildlife Refuge (ANWR) in Alaska and in expanded offshore areas; reconsider the Environmental Protection Agency’s clean-air and other regulations; repeal the EPA’s authority over CO2 and greenhouse gases; approve the Keystone XL pipeline; establish litigation deadlines to expedite lawsuits related to energy and the environment; and phase out subsidies that benefit specific kinds of energy, retaining only a research and development tax credit that benefits all energy producers (oil, gas, wind, solar, etc.)."
I think I first noticed the ticker on this board ... started doing some dd and took a starter position a couple months ago. Was planning on increasing that position in the .30s when it jumped. I thought it would come back, but it didn't ...
you are not adding in the hundreds of thousands of jobs that may be more necessary the the pristine air we so desire. Again we are not the "no regulation" china. America innovation can do it in a cleaner fashion and we have enough regulation to protect us. Nuclear should be put back on the table as it is safe enough for all of Europe and ultra clean!!!
The company has proved itself and its methods in Canada, and has recently expanded into Texas in the drought challenged Eagle Ford Shale.
The company is primarily challenged at the moment in acquiring, safety training, and expanding its workforce. It has significant growth plans and is executing well both as an investment and as a company addressing an important environmental need to society. In the process, we increase our energy independence (used to produce BOTH natural gas and oil) and create jobs. That’s a great combination in my book.
Also, this company goes out of its way to hire veterans in Canada. I would expect it to do the same in the US.
Seems like a no-brainer to me. As you will see in the presentation, their techniques also put the well in production much sooner without allowing a large amount of methane to escape. This is also a win-win ... environmentally and financially to the well owner. I believe we need to increase our "regulation" of the well cementing ... focus on solving that issue. An appropriate amount of regulation is important to prevent under capitalized companies from screwing things up for all of us.
Stock was hurt in last 3-4 months due to general market but also because of weather in Canada where the ground thawed unusually early (and for an unusually long time) such that the heavy drilling trucks could not be used.