<Oilwatch Monthly - May 2007The Oil DrumMay 15th Senate Hearings on Oil and Gas: We May Have A Problem>
<DrumBeat: May 20, 2007DrumBeatDrumBeat: May 22, 2007>

197 comments on DrumBeat: May 21, 2007

Comments can no longer be added to this story.

Byron Walter on May 21, 2007 - 12:53pm Permalink | Subthread | Parent | Comments top

I have to keep reminding myself of that fact because I have never watched production (I mean extraction) as closely before. But things just feel so 'peakish' of late. Over the next couple of weeks I'm going to try and find a Canadian Energy Trust with a good reserve life index:)

0
Comments can no longer be added to this story.
suyog on May 21, 2007 - 1:09pm Permalink | Subthread | Parent | Comments top

I own Enerplus Resources Fund (ERF). Any recommendations for other CanRoys?

0
Comments can no longer be added to this story.
tate423 on May 21, 2007 - 1:26pm Permalink | Subthread | Parent | Comments top

Great investment.

0
Comments can no longer be added to this story.
Byron Walter on May 21, 2007 - 2:17pm Permalink | Subthread | Parent | Comments top

Wow!.. that's the one that currently has my fancy. I don't have the data with me but I seem to recall that ERF has a > 13 year RLI?

0
Comments can no longer be added to this story.
Cornucopia on May 22, 2007 - 4:06am Permalink | Subthread | Parent | Comments top

Peyto has 23 years of proven reserves, 40 years if you include possible. But yes, Enerplus is my second choice, COS being the third.

0
Comments can no longer be added to this story.
lago on May 21, 2007 - 2:49pm Permalink | Subthread | Parent | Comments top

My favorites are Canadian Oil Sands (COSWF.PK), Enerplus (ERF), and Penn West (PWE), in that order of preference.

0
Comments can no longer be added to this story.
TKF on May 22, 2007 - 4:45pm Permalink | Subthread | Parent | Comments top

I would be careful about piling into energy at this stage.
IMHO we are close to the end of a very big bubble which when it pops will take down ALL asset markets including energy. Energy may well recover but you may have a wild ride.

0
Comments can no longer be added to this story.