Sunday, November 22, 2015 9:59:02 AM
Their (CHK) CAPEX budget seems to say that they like Niobrara like SD, (funny)... http://www.fool.com/investing/general/2015/11/17/making-sense-of-sandridge-energy-incs-most-recent.aspx
But, it also shows that Utica needs lease renewals or expansion plans (less rigs, doubled budget)...
Yawner.... Why did so many oil men own this at 20+... are they out to destroy CHK by running the price down? Why does everyone think oil and NG going way up next year? They're all drilling more NG wells for it, so it'll probably stay down... I can't find where a company hasn't tried hedging down oil market with more NG wells... its like they all met at the same conference and decided to do they same thing... so maybe they're all in trouble except those still making money...
Owning shares or partnership units is not an endorsement of management to break the Sabbaths or to do any other unGodliness. I do not share in their sin or guilt and they mislead others on their own accord. I have no major stakes to influence any company.
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