RE: is this play dead?
We are far from being dead. CEX has a cash flow from some oil wells and the two horizonal wells justed drilled recently.
CEX has choosen to take on its 30% interest in the Triangle gas wells. Here we are waiting on Triangle (the operator) to prove up the wells as being commericial.
I would suggest to you that you either call CEX or e-mail them for a more prescise update.
MEiffy