Leader of local "all hat, no cattle" chapter. Deeply in love with the upstream energy industry. Principal at HTM Energy Partners.
Joined August 2022
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Ever since I was a young child, I have dreamed of taking up five spots parking horizontally in the Elbow Drive Safeway parking lot
Michael Spyker retweeted
WTI crude averaged $98/bbl in 2014.
That’s $772/bbl inflation adjusted to 2029.
Oil is still cheap.
Michael Spyker retweeted
Another @WhiteTundraSG pick goes bankrupt
4 of 17 names in this "portfolio" have gone bankrupt:
Razor Energy
Prairie Provident
Avila Energy
Athabasca Minerals
4 more are on life support:
Canadian Spirit
Manganese X
Tenth Ave Petroleum @DecimusOilCorp
@Prospera_Energy
Prairie Provident Resources Announces Creditor-Led Proceedings under Companies’ Creditors Arrangement Act boereport.com/2026/10/26/pra…
Michael Spyker retweeted
B.C.’s premier-designate says supporting new pipeline is first order of business ctvnews.ca/vancouver/article…
Michael Spyker retweeted
Imagine going back to October 2024 and telling Canadian oil & gas execs:
- Trudeau, Guilbeault Eby gone
- Strait of Hormuz war, WTI > $100
- Liberals adopted energy superpower agenda
- New west coast oil pipeline designated in national interest
- TMX full
- Keystone XL/ Southbow Bridger moving forward
- Conservative BC government
- LNG Canada Phase 2 FID’d
- Natural gas gigascale data centres FID’d
- Emissions cap scrapped, IAA removed from almost all O&G projects
- 100% immediate and permanent expensing for capital investments
Michael Spyker retweeted
congratulations to mr. david eby on winning this years “wile e. coyote memorial trophy for blowing your own dick off like an idiot”
Oopsie daisy.
Today's the day!
Get out and vote for David Eby and the BC NDP. Polls are open 8am–8pm.
Visit bcndp.ca/vote to find your voting location and what you need to bring with you to get it done!
Michael Spyker retweeted
David Eby's cynical snap election call is completely BACKFIRING as BC Conservatives are projected to win a massive majority.
This is absolutely beautiful.
Michael Spyker retweeted
$PEI $PEI.V management when vendors ask to receive payment for services rendered and shareholders ask what value a riverboat marketing conference holds @Prospera_Energy
They're just making shit up now 😂
Prospera only has one well in LSD 7 SEC 33 *anywhere*, and it has been producing since 2025.
The desperation gets funnier by the day.
Luseland 7-33 | Shut in since 2017 after historically producing 60–65 bbl/d.
Prospera is targeting restored production through enhanced oil recycling, upgraded pump capacity, and improved sand management. $PEI.V
Put it in the fkn Louvre.
newsfilecorp.com/release/194…
ASC will be calling, better pick up the phone
Michael Spyker retweeted
I think there's an important distinction to be made between "having good assets, a well run business, and being attractively priced in the equity markets" -- and "being the next CNRL". Cenovus and Suncor fall in to this category, absolutely, especially if you're looking for upstream duration.
CNRL is CNRL because they execute unlike anyone else. Compare their acquisition of Chevron Canada vs. Cenovus' acquisition of Athabasca. Because I can't share my estimates on here, I'm using street consensus delta preceding/following the deal. CNRL paid 25% less in a $65-70 price environment than Cenovus paid in a $80-90 price environment, for oil sands/Duvernay assets.
Cenovus will have to invest material cashflow to realize the full potential from the Athabasca assets while CNRL's purchase was self funding. Cenovus will make out well with their acquisition, but it wasn't a CNRL-esque one. They're executing different playbooks. So is Suncor, though I'd say they're closer to CNRL than Cenovus.
My problem isn't really that any of these companies lack any merit individually... they're just... not CNRL.
