InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,067.18
(
1.13%
)
US TECH 100
16,964.00
(
1.26%
)
Dow Jones
38,468.68
(
0.60%
)
Brent Oil
87.17
(
0.87%
)
Bitcoin
66,739.63
(
-0.18%
)
Post# of 78
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

LSUTrader

Send PM Follow Ignore
Followers 9
Posts 3020
Boards Moderated 0
Alias Born 09/07/2006

LSUTrader

Re: LSUTrader post# 49

Friday, 10/17/2008 12:07:38 PM

Friday, October 17, 2008 12:07:38 PM

Post# of 78
If you look on Southern Star's website, under the investor relations tab they have a powerpoint presentation. The breakevens for Cotton Valley wells and Haynesville Shale wells are $3.11 and $6/Mcf, respectively. So with NG at 6.8/Mcf right now, they do have a slim margin for error with NG prices here. However, I think we will have a cold winter so that should get NG prices back to $9-10/Mcf. I will do some math later on.
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up