Personally I blame my friend Lynn (Niceguy) who failed to convinced his friends in Alberta government :-)).
Hi Jurek,
Good to hear from you.
What you have said is correct.
However, there may be a light at the end of the tunnel. As everyone knows, a competitiveness review has found that Alberta is not the most favorable place for oil and gas companies to do business.
So like the rest of you, I'm waiting to hear what the Alberta Government is going to do about it. Recently, the Government seems to be motivated towards listening to the oil and gas companies. If they do that, they will hear that "what is good for the companies is also good for the Province of Alberta." Ideally, we should see some very positive changes in the royalty structure.
Thanks to everyone for the good information that you are posting.
Best Wishes,
Lynn