GLJ Releases January 1, 2012 Pricing
Long term WTI ($90US/bbl real) remain unchanged. Long term Henry Hub Nymex Gas (now $6.00US/MMbtu real) has been reduced $0.50 US/MMbtu from the October 1, 2011 Forecast. Exchange rate forecast flat at 0.98 $US/$C. Inflation forecast flat at 2%. Details are presented in our January 1,2012 Commodity Price Report and Pricing Tables.
A Leader in Independent Engineering and Geological Services
GLJ Petroleum Consultants is a premier, world-class oil and gas resource consulting firm located in Calgary, Alberta, Canada. We are the market leader in Canadian evaluations and have dedicated professionals with the experience, expertise, and reputation to handle essentially any petroleum resource assessment situation worldwide.
Along with extensive industry experience in conventional Canadian and international oil and gas project evaluations, we also specialize in detailed assessments of unconventional resources.
GLJ’s in-depth industry knowledge and distinguished reputation benefits a diverse group of clients from small business to large integrated multi-national E&P’s, as well as financial institutions. Our dedicated team of engineering and geoscience professionals is committed to providing unparalleled customer service, and our flexible proprietary software allow us to customize results to suit unique needs.
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Commodity Price Forecasts
GLJ has developed the current product price forecasts based on comprehensive analysis of oil and gas supply and demand data and market trends.
Summaries of GLJ Quarterly Forecasts can be found here.

