GREY:PENFF - Post by User
Comment by
wintersun10on Nov 05, 2012 9:02pm
![](https://assets.stockhouse.com/kentico-cms/0339-00/images/Sprite.svg#id_Post_Views_Icon)
57 Views
Post# 20565328
RE: great posts
RE: great posts i am just trying to understand what is driving the pricing of the NGL's and what it means to PEN since the stock gets hammered into pieces. of course i cannot look into the future, so your bet is as good as mine, however, it looks like the NGL's can get very volatile, so if it can go down fast it should go up fast as well, the other thing is the condensates are getting a good price fairly consistently.
with the next quarterly report we should get a better idea of the production of well #1 and #2; well #3 gets into production any time now, so we should soon find out more about how this all will work out..........