As oil stocks drop, so does our dividend...with the U.S. to CA dollar exchange rates running at 35-45% premium it's expected the dividend would eventually follow suit. On the bright side, oil is rebounding nicely off it's +/- $27/bbl mark and today is running at the $32/bbl mark. If projections are right, oil will be close to doubling by years end. I find that projection optimistic at best, but hey, I'm no commodities analyst am I lol...hopefully they re-adjust their dividend distributions as fast as oil is projected to rebound...today's pr follows:
glta

http://www.eagleenergy.com/PublicDocuments/Ne...20Dist.pdf