NSEEF/NSEEY. Norse Energy with 180,000 acres of Marcellus shale leases under contract. Multi-stack play with Marcellus, Herkimer and Utica shales in play.
Chart it, and DD it. Should be a soft market this week due to the short trading week.
Extremely high risk and unconventional play. They are taking heavy losses while waiting for the NY SGIES, but primed to go after the approval of environmental fracking.
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