Nat gas now over $4.00 projected to go to over $9.00 by 2015,
Over $7.00 this year.
Average $5.50 in 2014.
Tbd , even with just 12 wells will be able to forfill it's minimum production guarrantee to SND and have lots of money left over.
Now with more wells drilled and producing each year, this company can make it, BIG time.
You do the math, 12 wells @ 300mcf p/d on average when all the wells are dewatered = 3,600 mcf/d @ 350 days = 1,260,000 mcf/year multiply by
$4.00 = $5,040,000
$5.00 = $6,300,000
$6.00 = $7,560,000
$7.00 = $8,820,000
Just with the 12 wells that they have now. For every 12 wells that they drill, double the amounts and take out SND 35%, they are still looking really good.
This is not a pump, just simple math that you bozzo's can follow.
WHO THE HELL IS THIS Macqarrie BOZZO WHO IS SELLING, 10 to 20,000 per day ,his commission must be low.I guess he does not have a calculator, SPEND THE $1.00 AT THE DOLLAR STORE, SAVE YOUR MONEY. Oh! you need a tax loss to cover your big gain somewhere else.COME ON .