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 E&C...The Secret Behind Section 526 and the Alberta Oil Sands

Posted by pedriven on BRY, 6/30/2009 at 3:46:40 PM

By Keith Kohl | Tuesday, June 30th, 2009

Things were much different when I made my 40-hour trek to Alberta's oil sands. At the time, oil prices were passing $70/bbl and on their way to $100 a barrel. I absolutely had to see the massive oil sands operations in Fort McMurray.

Can you blame me?

Production from the oil sands is one of the reasons why Canada remains the largest source of oil for the U.S. The sky was the limit for Alberta as oil made its run to $147 per barrel. And it wasn't just the U.S. that had its sights set on oil sands production. I distinctly remember how all the signs in our hotel were ...
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 Re: Decisions in Peru

Posted by architect* on GTE, 6/30/2009 at 3:00:01 AM

Dana Coffield has for years noted over a billion barrels of recoverable.  It is not uncommon for Iquitos Arch/ Maranon stratagraphic traps to have over a billion OOIP (oil) , or OBIP (bitumen or heavy oil).  GTE's magnetic survey identified 24 leads, or structures, and they are drilling 4 of the 24 structures.  

 

GTE is planning stratagraphic wells and 2D seismic, with the intention of defining the 24 structures.  As an example  24 strucutres at a billion barrels each is 24 billion OBIP with say a 12% recovery factor. is 2.88 billion OBIP recoverable ...
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 The FDA is out of control! - How can they just invent new standards after the PIII trial is complete and executed with their blessing???

Posted by pfaffova on ELN, 7/1/2009 at 5:30:59 PM

http://finance.yahoo.com/news/Discovery-Labs-Reports-On-pz-1469753259.html?x=0&a mp;.v=1

 

My sympathies to Discovery Lab investors - this is simply ridiculous!

Discovery Labs Reports On Surfaxin End of Review Meeting With FDA

Conference Call Thursday, July 2, 2009 at 8:30 AM EDT

WARRINGTON, Pa., July 1, 2009 (GLOBE NEWSWIRE) -- Discovery Laboratories, Inc. (Nasdaq:DSCO) announces today, after receipt of written minutes from the United States Food and Drug Administration, the results of its June 2, 2009 meeting with the FDA. This meeting followed the FDA's April 17 Complete ...
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 SHM

Posted by Whitehat on NEOP Oldtimers Lounge, 6/26/2009 at 8:40:05 AM

I can't add anything to deut's report insofar as the formal meeting was concerned.  The atmosphere was very upbeat and probably as positive as I can recall.

 

FWIW--During the question and answer period, I asked whether or not the shut down of the Canadian plant did not present an opportunity for Neoprobe to press the FDA for expedited approval.  As deut said there was nothing new, the reply was virtually the same as on the last CC, except that he indicated that the developments woudl have "no impact on Phase III" and went on to say "whether it will impact the review time by the FDA of the marketing ...
continue reading.

 Gartman on the Loonie

Posted by petere1 on High Yield Income Investing, 6/29/2009 at 2:33:54 PM

From today's Q&A Kevin Morris writes: For years you posited that the Canadian dollar would reach parity with the US dollar, much to people’s ridicule. Do you see the Canadian dollar returning to parity anytime in the near(er) future? Dennis Gartman: Yes I do indeed still believe that the Canadian dollar will trade to parity… and beyond… with the US dollar. When I began that position many years ago, with the C$ trading 1.6000 (.6250 approximately) I was laughed at. Few laughed as it went through parity and beyond, and indeed it was the same people laughing at me when I chose to stand aside as the C$ was trading well through par who ... continue reading.
   

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