tag:blogger.com,1999:blog-31415271.post962210320899194373..comments2023-09-22T06:22:50.820-06:00Comments on Ken Chapman: Gary Mar Goes to Washinton - That is a Good Thing for Alberta.kenchapmanhttp://www.blogger.com/profile/11384045981190810115noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-31415271.post-73152326572950768212007-09-28T14:14:00.000-06:002007-09-28T14:14:00.000-06:00While it true that in terms of goverment take that...While it true that in terms of goverment take that Albertan oil sands rank in the bottom quartile of global regimes, that is because its marginal value (pre-take NPV per boe) is one of the lowest in the world. Did the Panel not understand this?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-31415271.post-58283263637545273382007-09-28T14:10:00.000-06:002007-09-28T14:10:00.000-06:00The panel reports it examined the issues based on ...The panel reports it examined the issues based on the methods upon which a company makes decisions, namely IRR, NPV, and government regime/stability. In fact, little analysis is done in the report, and the data appendices use inaccurate cost assumptions and do not take into account climate change costs, etc.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-31415271.post-79142828368770681352007-09-28T14:05:00.000-06:002007-09-28T14:05:00.000-06:00The Royalty Review Panel report compares Alberta o...The Royalty Review Panel report compares Alberta oil sands government take to the UK, Norway, California Heavy oil, Venezuela, and the Angola Deepwater. Other than Alberta, only the Angola deepwater is a truly growth area of oil and global gas investment.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-31415271.post-7404196160074078102007-09-28T13:59:00.000-06:002007-09-28T13:59:00.000-06:00Alberta;s Energy Czar Bill Hunter says that if hig...Alberta;s Energy Czar Bill Hunter says that if high costs and higher royalties make some technologically daunting oilsands ir gas plays unfeasible, companies can cut costs or "leave it in the damn ground" . I guess Encana has decided to heed the Hunter dictum and "leave it in the damn ground". Remember that Hunter was the President and CEO of AlPac, a company that lived off a loan from the Heritage Fund that was never paid back.Anonymousnoreply@blogger.com