OTCPK:EDEYF - Post by User
Comment by
modestmouseon Aug 05, 2012 11:31am
216 Views
Post# 20186006
RE: Another week
RE: Another week Probably see some early result towards the end of the month/early September. If you consider the current rise of Natural Gas, and we see the continuation of this hot summer in combination with a cold winter... all the sudden Edge is back in the sweet spot of the 3.25-4$ NG range.
That's the beauty of this deal. A solid oil play which will allow them to ride out the lows of the NG cycle and when gas prices return they will have a valuable oil asset and over 700 NG targets to attack.