ARC Resources Ltd T.ARX

NG sub 2

[angelnicky]

Very soon gas suppliers will have to give their gas away as the price approaches below 2 this week.
Back to a 10 year low.
Suspect wells will start to be shut in
Balkin shale gas exploration will stop at these prices

[Quintessential1]

Which is it give it away or shut it in? Certain gas producers market their gas for more than what AECO or HH are paying. Some gas producers are hedged out to 2024. Some gas producers only produce 60% NG and 40% liquids. They make 500% more on the liquids than they do on the NG at current pricing. Shuttung in the NG until prices improve if they have to is not a problem. At the smae time they