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Bullboard - Stock Discussion Forum Celtic Exploration Ltd CEXJF

Energy Oil & Gas E&P

GREY:CEXJF - Post Discussion

Celtic Exploration Ltd > Eric nutall forecast NG under$1/mc in canada
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Post by oilandgas111 on Apr 06, 2012 4:37am

Eric nutall forecast NG under$1/mc in canada

Erirc Nutall (energy fund manager of sprott asset mangement)  forecasts for this summer NG price to be under $1/mcf in Canada. He was as far as saying we can see
.5/mcf as all the storage will be full so we will need to flare out excess NG or shut dow some wells.....

If he is right CLT can be at $5 this summer. Sommething to watch

Comment by teevee on Apr 06, 2012 10:37am
If he is right CLT can be at $5 this summer.   One analyst has an enteprise value for CLT of about $7
Celtic Exploration Ltd
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