RE:RE:RE:RE:President's Report for JulyGee, no pun, you must have been reading my mind when I asked those questions, as I was kind of just estimating in my head how many wells x how much for equipment x people etc. so figured it had to be profitable to a degree in the long run.
Your numbers are more articulate though.
I wonder how much of what happens at Peyto gets drilled down, no pun, to Gear ideas?
Totally different firms but Gray and others I am sure have a stake in both.
Some up and some down today, well flat for Peyto.
Just hope we are not caught in any crosshairs, and can hang on as long as possible for each of our personal needs.
Others like CR are just taking off.
2nd quarter numbers should be nice, but third and fourth are going to be really nice hopefully. My brain can't even get around $3.80 US for NG, not that they will get a lot of that being hedged but 3rd quarter drilling should be massive.