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: T. Boone Pickens, Suncor Energy, and Canadian Oil Sands |
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Might as well gives this one it's own thread.  Let's give legendary Oil baron, T. Boone Pickens his just due since he holds a big stake in both the Canadian Oil Sands Trust [TSX: COS.UN] and Suncor Energy [TSX: SU]. SUNCOR ENERGY INC: Company Report P.O. Box 38
112-4th Avenue S.W.
Calgary AB T2P 2V5 - Industry : Independent Oil & Gas
- Employees : 5,152
- Exchange : NYSE
Suncor Energy Inc. (Suncor), formerly Suncor Inc., is a Canadian integrated energy company that explores for, acquires, develops, produces and markets crude oil and natural gas, transports and refines crude oil and markets petroleum and petrochemical products. Periodically, the Company also markets third-party petroleum products. Suncor also carries on energy trading activities focused principally on buying and selling futures contracts and other derivative instruments, based on the commodities the Company produces. The Company has four principal operating business units: Oil Sands; Natural Gas; Energy Marketing and Refining, Canada, and Refining and Marketing. During the year ended December 31, 2005, the Company produced approximately 206,100 barrels of oil equivalent (BOE) per day, comprised of 174,500 barrels per day (bpd) of crude oil and natural gas liquids and 190 million cubic feet per day (mmcf/d) of natural gas.
 Canadian Oil Sands Trust: Company Report 2500 First Canadian Centre
350 - 7th Avenue S.W.
Calgary AB T2P 3N9 - Industry : Diversified Investments
- Employees : 15
- Exchange : Toronto
Canadian Oil Sands Trust (the Trust) is a Canadian open-ended energy investment trust. The Trust is a public investment vehicle that provides a non-diversified ownership in the Syncrude Joint Venture and the Syncrude Project (collectively, the Syncrude). The Syncrude Joint Venture was formed for the purpose of exploiting the Athabasca oil sands. Syncrude is located near Fort McMurray, Alberta, Canada, and operates oil sands mines, bitumen extraction plants, an upgrading complex that processes bitumen into a light sweet crude oil, and electrical power utility plants. The Syncrude operation comprises four operating areas: mining, extraction, upgrading and utilities. The Trust's business is its indirect ownership of Syncrude and the marketing and sales of SSB derived from such ownership. In September 2006, the Company's wholly owned subsidiaries, Canadian Oil Sands Limited and 1212707 Alberta Ltd., acquired 78% of Canada Southern Petroleum.  
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| | | From: Kutz | Sent: 11/6/2008 7:13 PM |
If this continues, looks like I may be buying the shares (COP/SU) I bought last week, then sold this week; right back next week! Channeling Kutz! Kutz  |
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| | | From: Kutz | Sent: 11/13/2008 1:31 PM |
Man look at the price for PBG.TO! It doesn't pay to bring out good news right now-it doesn't pay to bring out any news! Great news plastered throughout the reporting and the ticker keeps going down! In the heavy oil section of this report it mentions that they have run 35 kilometers of 2D seismic on their oilsand lands at Suttons Creek. FYI thats the "donut hole" land they own that is surrounded by BQI. Totally landlocked and to the SE of BQI current pilot testing set-up we should soon hear about the beginning of the test from BQI. Oil pricing is totally assinine at this price as it was at $145.00. Oil prices need to go back up or "drill baby drill" will have to be changed to "nap baby nap". This move in oil has rendered the entire energy argument during the election cycle totally useless. Oil will not explore much at these prices-Period! Whats happening is great at the pump for now-later we are really going to pay badly! At every level this market refuses to find a moderate tone. Been going on for a year! Kutz  |
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| | | From: Kutz | Sent: 11/14/2008 3:29 PM |
Picked up 100 shares of each after the open: PBG.TO, CNQ, ECA, and SU. The last two are add-ons. You know me-I like Canada! Great prices per the charts! Oil is at or near a bottom, Oil and gas numbers out this week are little different from last year (demand destruction models are over played). OPEC will likely cut production again before the end of the month. These have been beat up enough! Still looking at COP and UNG again. I'll wait as long as necessary (days, weeks, months) Read the IEA report out! Peak oil baby! Our problem is masked by a tough economic environment-even that won't begin to fix the problem. We don't have enough mid term or long term! Enjoy whilst it lasts. Kutz  |
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| | | From: Kutz | Sent: 11/18/2008 4:45 PM |
PBG.TO doing well for me. the others are down-the jury is still out. The stolen tanker/pirate situation is perplexing to me. Instead of chasing pirates with big warships, why don't they just put a few crack teams on the ships-cruise by and when the pirates come a calling, just blow them out of the water and send a distinct message of reverse fear? Oh well! Not nice to piss the Saudis off! Kutz |
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| | | From: Kutz | Sent: 11/21/2008 8:02 PM |
PBG.TO: Well this deal gives me a better idea of the "cheese" this company wants to use the THAI method. Maybe this is too cost prohibitive for BQI? This is small potatoes though! BQI holdings and resource dwarfs this and the thickness is 10 meters (thin) compared to BQI resource. Still it shows the THAI is applicable, being used, and works!. Kutz  |
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| | | From: Kutz | Sent: 11/22/2008 2:47 AM |
Nice finish here today! the deal helped!-BIG! Kutz  |
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| | | From: Kutz | Sent: 1/6/2009 7:26 PM |
May be contributing to ECA's down day when others like COP, CNQ, and SU are up? Kutz |
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| | | From: Kutz | Sent: 1/7/2009 3:33 PM |
Dumped 100 shares of SU-made $450.00. Still own 100 underwater currently. Again given the opportunity, I'll buy back in! Five january sells for profit! Finger on the trigger and ask questions later! Kutz |
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| | | From: Kutz | Sent: 1/13/2009 8:20 PM |
Got knocked out of UNG-took my first loss in an individual ticker this year. Little over 2100.00 back to cash. Now appears not to be a good time for natural gas. Lost less than $350.00. Maybe another time. Kutz |
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| | | From: Kutz | Sent: 1/14/2009 11:22 PM |
See the attached table from your honorable US government on oil consumption stats in the world for 2008. After reviewing it, I would like to have someone tell me WHERE THE HELL IS ALL THIS DEMAND DESTRUCTION I KEEP HEARING ON CNBC AND FROM EVERY ANALYST OUT THERE???????? I never trusted the talk much anyway! Throw in recent diclosures that the US and China will add millions of barrels of oil to their strategic reserves "at these reasonable prices", the OPEC cuts in production, the Saudis cutting further and all I see is A BIG CON JOB on the way down just like it was on the way up! At the same time oil projects are being cancelled, postponed, or stretched out everywhere! We are in for a world of hurt when this turns and you better consider energy tickers when it does! When are markets going to clean up their acts. This is our own tabulated US statistics! Kutz |
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| | | From: Kutz | Sent: 1/16/2009 6:27 PM |
The contents of this should be considered very seriously by Americans-doubt it will. Canada will set up markets with Asia and we will be left out! Harper/Obama-soon must meet and come to agreement-we need to smarten up! Real fast! We can still do wind and solar farms but we still will be trapped by oil needs for 20-30 years! Kutz |
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| | | From: Kutz | Sent: 1/17/2009 7:03 PM |
Interesting piece on oil pricing. IMO its spot on and the article content is exactly the reality of oil! Kutz |
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| | | From: Kutz | Sent: 1/20/2009 1:51 PM |
Watching SU for a buy and initiation of another trade. Needs to go lower! Oil prices low-tougher to make money off it currently for SU. Down in pre-market? Looks like they got saved by their hedging. Also know that ECA did some hedging on their gas plays which of course currently the price of NG is in the toilet. May cause them to have an earning surprise? Got this per a weekend BNN report video. I am also watching PBG.TO again for another trade, but I would not pull the trigger unless it dropped at least below $20.00. Riding the oil pricing trough-looking to add? Oil futures reflect where this commodity will be going IMO-just won't be immediate! We will see! Kutz |
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| | | From: Kutz | Sent: 1/20/2009 6:31 PM |
Picked up more SU at $18.52. Time for another trade. Kutz |
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| | | From: Kutz | Sent: 1/20/2009 11:08 PM |
Is oil 40 cents a barrel yet-LOL What a totally useless day! All banking CEOs should be chased by their own individual "Orkin" man! Until tomorrow! Kutz |
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