Upper Lake Oil and Gas Ltd.

UP-T

0.00
0.00 (0.00%)
This company is not ACTIVE.

Analysis and Opinions about UP-T

Signal
Opinion
Expert
TOP PICK
TOP PICK
February 13, 2008
Changed his mind on natural gas. 4 coal projects in Florida were recently stopped on environmental grounds. Florida utilities will now be looking to natural gas. Production last year was projected at 700. Actually came in at 850 and already at 1000 with 80% gas. Primarily in B.C. with some in Alberta. Alberta play is not hurt as much by the royalty structure as some others.
Changed his mind on natural gas. 4 coal projects in Florida were recently stopped on environmental grounds. Florida utilities will now be looking to natural gas. Production last year was projected at 700. Actually came in at 850 and already at 1000 with 80% gas. Primarily in B.C. with some in Alberta. Alberta play is not hurt as much by the royalty structure as some others.
Mark Lackey
Senior Vice President & Portfolio Manager, Hampton Securities Ltd.
Price
$0.690
Owned
Yes
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