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AvenEx Energy Corp AVNDF



GREY:AVNDF - Post by User

Comment by bigbank91on Mar 26, 2013 11:06pm
313 Views
Post# 21172326

RE: RE: increasing nat gas prices

RE: RE: increasing nat gas prices

nat gas just hit $4.

from the new cash flow forecasts . 2013 - based on $3.39 nat gas. with .50 increases equaling $8M extra. 2014 forecasts were based on $3.74. if nat gas can hold above $4 we could see even more gains. management has said it is going to get more hedges going this year at these high rates.

those hedges will be able to pay down debt quickly.

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