GREY:CEXJF - Post by User
Comment by
raggetyjackon Nov 22, 2010 2:54pm
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Post# 17740453
RE: RE: Resthaven
RE: RE: ResthavenThey all use land agents when they want to accumulate land without anyone knowing exactly who is doing all the buying. 438 sections is a lot of Resthaven at low prices. Perhaps 1/2 is good at 4 wells a section that's a lot of drilling inventory. Short covering drove up stock fast but NG is rebounding so the shorts left will get creamed if NG keeps rising from here. Encana is big in Resthaven and Conoco is there also they could eat CLT for a midnight snack if they wanted to.