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April 24, 2011

Comments

You ought to fill up a Bertram 630 with 1,800 gallons of diesel...at the marina in San Diego.

$12,402.00 on Friday morning, all gone by 6:30 PM Sunday. Happy freakin' Easter

thought you'd enjoy?! http://youtu.be/mUNBwqovI9U

Here is the latest from Petrohawk...which seems to say that they are making money in the Haynesville, even @ $4.00 gas???? Does anyone believe this?
http://www.petrohawk.com/pdf_files/section1.pdf

Go to page 15 on the .pdf in the link above.

They are in a very liquids rich area. 4 buck gas is gravy on hundred buck liquids...

Last time i checked NGL's are worth about 50% of WTI....Has this changed?

Anyway you you slice it I cannot make $4.00 gas work on Eagle Ford wells in La Salle and McMullen County.

They show the Hawkville to be economic @ 4.00 gas..This is magical thinking.

Lots of oil. Let me see, but I think petrhawk is in good areas. Wrt NGLs, it's the pentanes that are low, not the richer components.

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