AI
Saturday, January 06, 2007 4:20:05 PM
6-66
[Suppressed Sound Link]
People should take another look at True Energy Trust I think. With distribution cuts in October and December and the suspension of the DRIP program they have halved what they were paying out and stopped the dilution. The 3rd quarter numbers do not include gas production from the Prairie Schooner acquisition but should be around 19-20,000 boed. A significant chunk of the 2007 capex program is going toward developing a 5000 bpd SAGD project. They also have a sizeable land base and significant tax pools.
http://ca.geocities.com/kdsstocks/beast.mp3
Screw the charts, I think I'll go with the music on this one.
[Suppressed Sound Link]
People should take another look at True Energy Trust I think. With distribution cuts in October and December and the suspension of the DRIP program they have halved what they were paying out and stopped the dilution. The 3rd quarter numbers do not include gas production from the Prairie Schooner acquisition but should be around 19-20,000 boed. A significant chunk of the 2007 capex program is going toward developing a 5000 bpd SAGD project. They also have a sizeable land base and significant tax pools.
http://ca.geocities.com/kdsstocks/beast.mp3
Screw the charts, I think I'll go with the music on this one.
K.D.
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