Who nuts up and buys Archer here? They've been drilling some real piss cutters and have decent running room within their general subcrop (notwithstanding internal unconformities).
We've kicked off our 2024 winter drilling program with 11 rigs running, including 8 across western Canada.
$BTE $BTE.CA; $BTEGF, $BTE.TO #NYSE, #TSX, #oilandgas, #investors, #winter#thankyou
@trevor_rose_ 1) The rationale to expand from the pure play viking to Northern Alberta EVI, Loon, etc. from Durham Creek.
2) is the plan to shift from growth to a stable cashflow company and distribute excess cash or use excess cash flow to purchase new assets like the DCE deal this year?
@AirCanada thanks for specifically taking our bags off the plane in Maui. Paid for comfort economy, preferred seats, and this is the treatment. Looking forward to reasonable compensation for the hassle. We were the 20th people off the plane then stood at a luggage carousel...
@SadBillAckman Maybe $BIR - but $TOU and $TPZ stay away from synthetics like we stay away from a bartender making a bad vodka martinis .... don't want to disappoint the taste buds
As Mike would say "no win in a synthetic trade".
Start the onion off in some EVOO, add some rice and more EVOO and roast until it smells as bad as people who did "synthetic transport" with AECO/NYMEX Basis hedges.
#CookingWithSBA sponsored by $TPZ
Alright, gas is down and in classic $TOU fashion Marty is leaning on all suppliers to offer better value to the team so we are doing a second #CookingWithSBA sponsored by $TPZ this week.
@KHudgeon@worldhockeyrpt Haven't been fortunate enough to get on that barn, looks like fun! Better not have too many pregame pops or you'll be sliding down those stairs!
@ECraigLothian@JustinTrudeau But Craig this is fabulous for our oil companies! Getting USD pricing on sales while paying Canadian pesos for labour and services input costs.
However, if you aren't selling oil or have to pay USD to vacation, then it's going to hurt!
As many Cdn #snowbirds head south, I suspect many are choking on $1.40 CAD cost to purchase $1.00 USD. Remember, you have @JustinTrudeau & the woke environmentalists in Canada to thank for that. If we weren't cannibalizing our #oil & gas sector, CAD$ would be $0.90+ not $0.72.
I am a 40something year old espresso martini (this year) with no kids. An overeducated, underachieving professional working in the world of energy finance. Born and raised in Alberta but have traveled widely. I just want us to live normal good lives. @JustinTrudeau must go.