SXY 0.00% $4.60 senex energy limited

Throwaway, as far as I can gather, the actual oil production...

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    Throwaway, as far as I can gather, the actual oil production facilities are perfectly secure and they have some serious state of the art fire protection in place, so it's not about whether they go up in smoke. And there is only a remote possibility the bitumen in the oil sands themselves catches fire and even then, it is mostly sand so would be a real slow burn. However it seems that regardless of this, 1m barrels a day at least will be offline for months, simply because the fire isn't going out for months and the air quality is unfit for humans, not to mention the devastation to the area already caused, people's lives wrecked, entire communities' houses burnt down and there being no workforce available. You have to wonder, in current oil price climate, if they will be bothering even after the fire goes out? 1 trillion barrels of reserves offline indefinitely IMO.
    Last edited by CEOChair: 08/05/16
 
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