Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - The ongoing financial turmoil and financial discussion thread

I-Hate-Hulse · 09-15-2008, 08:40 AM

Oil at $95. Anyone know what economics are on all these tight formation plays like Montney and Bakken? Can they be profitable at $90 oil? This is getting into provincial budget estimates range methinks.

I learned yesterday that there has been considerable movement of capital from energy to financials last week in the market. I don't understand how a bailout of Freddie Mac and Fannie May would persuade that argument...

09-15-2008, 08:40 AM	#14
I-Hate-Hulse Franchise Player Join Date: Jul 2003 Location: Sector 7-G Exp:	Oil at $95. Anyone know what economics are on all these tight formation plays like Montney and Bakken? Can they be profitable at $90 oil? This is getting into provincial budget estimates range methinks. I learned yesterday that there has been considerable movement of capital from energy to financials last week in the market. I don't understand how a bailout of Freddie Mac and Fannie May would persuade that argument... Last edited by I-Hate-Hulse; 09-15-2008 at 08:43 AM.