Dundee Capital updated their Energy Watch List and included very positive comments in regard to Canadian Spirit Resources Inc. (SPI). Their summary states that "asset acquisitions and Talisman Montney update provides further support for the expansion of Montney activity in Northeast British Columbia."
From the update, "the future for Canadian Spirit continues to burn bright and is further supported with the recent asset and land acquisition by Progress Energy." They also state that "these events speak to the excitement surrounding the expansion of the Montney fairway further to the west in British Columbia and more specifically in the vicinity to Canada Spirit."
Dundee concludes "as a result of the asset and land acquisitions along with the recently announced Montney production guidance from Talisman Energy, it provides further support to the potential commerciality and the extenstion of the Montney play in northeast British Columbia... We believe Canadian Spirit continues to provide investors with a great opportunity to gain acess to an up and coming Montney player with plenty of potential production and reserve growth to look forward to."
Thursday, February 18, 2010
Dundee Capital's Updated Energy Watch List
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment