Emerging from “The Bubble”

With near-record levels of natural gas in storage across North America, prices have slumped following a dramatic rise in production, resulting in a “bubble” effect that has lingered since 2008. Saskatchewan Minerals has been well positioned, benefitting from current low prices and the absence of higher priced hedges from previous years.

Now, as the economy recovers and prices begin to rise, Gil Labonte from France Financial Consulting is still predicting an advantageous position for Saskatchewan Minerals.

“The company holds natural gas storage capacity,” he says. “That provides the opportunity each year to purchase lower priced volumes in the summer for consumption the following winter.”

For more information on how Saskatchewan Minerals is staying abreast of market dynamics and proactively managing natural gas price volatility, read the full report.