Thiago Avila

@calgaryrover I assume you are YYC based. Interested in grabbing a beer?

Earnings call transcript: Cavvy Energy’s Q1 2026 shows revenue surge - $cvvy produces 10% of #Canada #Sulfur "potential to grow the upstream business to 50,000 BOEs per day"🤠 ng.investing.com/news/stock-mar…

@degencapitalfnd Are you based out of YYC? 🍺?

$cvvy $cvvy.to current vancouver fob price they are getting for 1/3 unhedged part is $1000 per ton

Ok have fun with this . Oil production is at a high as any oil will be before it hits terminal decline With the amount of reserves in Alberta this will not occur in anyone's lifetime that is alive today short a major decline in demand. Therefore production is a function of pipeline and rail egress. We got a new pipe so therefore production will be higher than years past as before a pipeline is approved you need proven production to fill it and show it is needed. Yes the government cancelled multiple positive FID pipelines and so no it'd not a hypothetical that production would be higher if those hadn't been cancelled as production was committed to them. Things were so bad in Canada that we had Statoil, Royal Dutch Shell, Marathon, ConocoPhillips, Devon, Kinder Morgan, BP, Chevron, Total and Teck all announce major exits from Canada. Thats almost $1T in cumulative FDI investment gone. Now the next major factor, when you have a heritage fund you lose multiple angles of Federal Support. First when your industry is in the dumps and you have assets. The feds will tell you to raid you rainy day fund before any emergency spending. Even as you watch bailout and special spending bill after bill for every other special interest group come out. Second, a heritage fund raises you fiscal capacity as you are earning investment returns. Those investment returns even if you aren't raiding you funds count in the fiscal capacity calculation so in essence they get distributed away in the form of higher equalization spending toward other provinces. Net on net with current regulations you cannot have a viable provincial wealth fund as it's returns will get pillaged. As with everything else in Canada you need to be asset and income poor or you will get redistributed.

@SteveAI12 @GrahamEv31 @tradeoilstocks Dude. Please stop embarassing yourself. You are clearly not educated on this topic.

“Give them a massive amount of oil, agricultural land, copper, freshwater, and every natural resource in the world. Now make them neighbors with the biggest market in the world. Great, now have them leave the resources in the ground and instead flip condos to each other”.

@ctindale Great article Way to tie in the reagents to global food production and mining

$CVVY.NE $CVVY.TO $CVVY MSM and the avg person I talk to is still oblivious to what happened in Kazahstan last year and how most sour basins are in decline, and not keeping up with demand that is soaring. There has been structural change here and we are sleepwalking into this news.metal.com/newscontent/10…

$CVVY $CVVY.TO Earnings are out. Everything is as expected, big inflection in Sulfur revenue. Vancouver pricing didnt move until April, they averaged around $500 for the Q which is similar to Jan and Feb. Expect Q2 to increase a further $18M.

You can set a timeline on challenges. The issue is with CGL was they would just keep losing court challenges but filing new ones. 3-5 years for approval (what is expected for an actual new route) plus 3-5 years construction really is a non-starter. A proponent needs to have reasonable certainty on timeline and cost or they just won't come to the table. No one is saying don't allow court challenges but there should be a period where challenges can happen before approval occurs. C-69 allows for indefinite delays on literally every step. The timelines provided are non-binding and there a numerous methods to pause, freeze or restart the tinelines. There is a reason it's called the no more pipelines act. We got this shitty & expensive Enbridge expansion out of it... and the Southbow pipe talked about now was already built in Canada under KXL so it didn't need to go through it.

@ThiagoAvila @BubleQe you cannot ban court challenges from stakeholders. As C69 is used, precedents will be set that will result in fewer court challenges. We can already see this starting to happen. Courts are the FOUNDATION of our society.

Even I'm surprised at the victory lapping the CAD Government is taking on approving Enbridge T-South (Sunrise). $ENB.TO filed the regulatory application in May, 2024. It took nearly 2 years to finally get approved. Good to see the approval, but hardly victory lap worthy.

@toronto_bill @RazorOil Refineries need to be built near demand centers or on tidewater. The demand centers are the US and there is no way to build refineries on the BC coast in the current version of Canada.

@RazorOil Why pay for the USA to refine our oil?

Good morning to everyone that understands that 🇨🇦 170 billion !!! barrels in reserves represents what is considered ECONOMICALLY RECOVERABLE with today’s technology, but with new technologies, this reserve estimate could be increased to as much as 315 billion barrels…🫡🪒

C69 was protested by every major infrastructure company in Canada. It has no timelines and allows endless court challenges. A project shouldn't be judged by its spending but on the activity... 2 years for expansion on existing right of ways its horrendous. If the project was a $4B new pipeline it would take a decade and just get cancelled

@ThiagoAvila @BubleQe that is why C69 was passed, so companies can apply and the process has more structure and order. 2 years for a 4B project is reasonable. I can't see any evidence its significantly faster anywhere else.

@mnztr1 @BubleQe In Canada we used to announce a pipeline, and then apply for approvals/permitting because we had a process. The companies had certainty that if they complied with regulations/best practices it could be built. CGL, TMX and KXL have been boondoggles. no co wants to go through that.

@ThiagoAvila @BubleQe show me where it happens faster anywhere in the world....

@mnztr1 @BubleQe pipeline-journal.net/news/new-23-bi… Arm, Kinder Morgan and Whitewater all got approved in under 6 months... This is for new pipe. Again the Canadian pipeline is just an engineering exercise on existing easements. Announcement to operation in 3 years. In Canada we just talk for years

@mnztr1 @BubleQe This is a tiny project and simple: 300mmcf. Texas alone is building 4bcf of new transport or more than 1 order of magnitude higher. In Sunrise its just looping and compression being added to existing right of way. The fact it took 2 years is embarassing.

@BubleQe How long does it take elsewhere? 2 years is very reasonable. It shows C69 works fine.

At one point this was the approved project list for LNG on the West coast. That was before BC tried to institute LNG taxes that were unique to Canada, and forcing through investment requirements that were uneconomic. Slowly one by one, those projects cancelled themselves and went to the US Gulf coast (25BCF/d in construction or production). We ended up with one project of significant size and had to subsidize it to avoid the spectacle of having the most prolific and cost effective gas basin but no business case for LNG (currently 1.8bcf/day). Now we are gas lighting the public into thinking that this history never happened and suddenly Canadian LNG is a good idea. It was always a good idea.

Holy, this is quite the revelation. Maybe not interfering and telling business leaders there is no business case to projects they want to invest their own private capital was a really bad idea.