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Celtic Exploration Ltd CEXJF

Energy Oil & Gas E&P


GREY:CEXJF - Post by User

Celtic Exploration Ltd > Wall St Journal: NG below $1 summer
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Comment by teeveeon Apr 11, 2012 9:35am
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Post# 19779723

RE: RE: RE: Wall St Journal: NG below $1 summer

RE: RE: RE: Wall St Journal: NG below $1 summer

I doubt there are more than only 1 or two energy companies with lower break even costs. That tells me that CLT will be among the few left standing at the bottom. I do agree the share price could get as low as half the current price with nat gas at $.90-$1/mcf. 

 

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