reading latest posts I feel the following comments are what first comes to mind,No IMHO Connacher will not sell its shares in PDP,the reserves are there,infrastructure is in place and the value is just not there with todays price of bbl,besides this would be akin to being mannipulated out of the shares,recoverey is just around the corner.

The O klahoma rednecks have to know Canada has no choice in who or where they sell their Oil,this was laid out by our famous Prime Minister Brian Mulrooney when he signed over 80% of production to USA,in other words 80% of Oil produced must find its way to the USA before Canada gets its 20%,God help us if we ever need more than 20%.Canadians must also sell at WTI prices,when CLL cut its production yours truly was cheering!

As for predictions,common sense will see $100/bbl,drillers have curtailed their activity,producers like CLL have done likewise ie putting off POD2 etc,there is a reason no new refinerey has been built in over 20 years,its called "PEAK OIL" the lack of.

Any new Oil and Ng will require more capitol spending which means higher bbl $$,world wide SUPPLY is eroding at some 10%/year SUPPLY is increasing.Well so much for this rant,needless to say I'll stay invested,"been there done that"a few months or a year is just not that significant IMVHO..