Oilers are irrationally 'on the nose' at the moment despite...

Oilers are irrationally 'on the nose' at the moment despite record commodity prices and many companies strong fundamentals (NWE included)
A run pre spud may not happen but renewed success at Cobra will be hard to ignore, and put NWE in a position less at the mercy of AED gyrations .

NWE financials are very good, otherwise I would have sold months ago . Cyclical sector downturn, deluded pessimism about individual stocks, and a generally nervous market has created some great opportunities .