RE: You gotta listen to this!!$$$$$$If these companies are going to set a really agressive drilling program, commencing NOW, they will have to get money quickly. I can see them ramping up NRs for the highest possible impact before an issuance. I just can't see a lender putting $10,000,000 on that table (that's probably our portion of an option well and a couple of wells on the A lands before Fall) without bullet proof assets to secure it. Maybe ther will be an NR with verified reserve estimates, that would be the security for a large line of credit!
Getting NG spot up over $8.00 wouldn't hurt either.
Remember, if we have over 75 BCF, we pay Encana $200,000 in shares!