Re: NR-Questerre Acquires Horn River Shale Acreage
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posted on
Jun 10, 2009 06:42AM
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Yes lifenergy, it will ofcause add value and some of the ratingagencies will have to revaluate. Also when banks and funds looks at qec share and maybe want to buy, they will know this area, the hole project canada and quebec want with it, the transcanada pipeline(Encana also they know, I'm thinking about foreign capital, recently I saw, I think it's called chinapetrol, something like that, they are big and want to buy) and they can connect this to the rest of the play, then maybe they will see the hole potential. QEC may have a strategy, they are old foxes:) But I dont hope we get bought out and not below 10-15$
Oil&gas is longplay and we are still early stage. The NG price must up and more of the play visible before selling. Vaiting for St. Eduoard first I think. They write 2010 for this new area.
Everyone, also remember tax when you buy(:
This could be very good I think.