tell ya morethere is no argreement I know where Shell will take more of this gas from a coho-2 to process for txp. seems txp did not want to control their destiny so opted for $2 gas and no control, a really, really lousy corp move.. really lousy
and what happens if the gas they flow to the shell plant is not opt to snuff? why Shell refuses it and what does txp do? why hell this 10Mmcfd is nothing but a probem for shell a neusonse, it is a little processing income big Shell does not really need, so txp better tread softly and make sure that gas has the right water the right pressure and the gas fits right in with argeed parameters cuzz Shell will be more than happy to reject low quality gas... in a friggin second they would. If that txp gas flows and they have problems with it at the plant, Shell will not cause issues with their set up to run txp gas, it better work nicely cuzz txp has no proven to be a very well run company, that is for sure.
anyway I am just here for the announcement of gas flowing, then I sell, I would not own this long term, hell it dropped 50% since that last drill and lousy reserve report. this was $3.. the time to own it was at 50 cents when they had cas1 drilled.. and sell on that run to $3 and move on, being a long termer like margin and watching all that profit go away, bad move by bad investing, simple