Spoke with a man at Flour. UTS could be short on development money and hence UTS could in turn become a buy out target. All is proceeding well with the engineering and the RFP packages are out. Petro-Canada considers the Capital Expendature to be small in respect to the 40 year life the project will have. The break even point is still $28 per barrel tied to WTI price. Tits-Up for a 2011 score with this one.
“I got a great deal on some French WW2 army surplus guns. Never used and only dropped once...”
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