Phoenix Associates Land Syndicate (fka PBLSQ)

[tedwitt]

Depends on which one gets the production and which one gets the long term growth in production. Keep in mind that Bcfe is not the best way to equate something, you need the break out into Gas & Oil.

34 Bcfe is approximately 50% of what the whole US uses in one day.

Keep in mind that it is not what you have in the ground it is all about your potential to get it out and in the pipe. Example: North Slope Alaska, 8 Bcf/day is reinjected because there is no Alaskan Gas Pipeline. Now they reinject the 34 Bcf every 4 days or so.

If you went for it, I have always liked the MLP side due to the fact of double growth pps & divi...