Magellan Energy, Ltd. (MGLG)

[mistaice]

i agree that they "said" they were shut in. ;^) but economy had nothing to do with it imo. there lack of updates and ability to produce for whatever reason caused this to drop to where it is. remember mglg came out the blue and started a nat gas/oil company. i'm not about to go into details about all the excuses MGLG had for not producing in the past. when oil was way over a hundred bucks everyone around them in KY/ TN were cashing in BUT magellan. like i posted before since the r/s and name change to mggl then mglg they have always used the excuse that they were waitin on "something" before they could get things done. that and the fact they had no pr for a total of 6 mths last yr caused this to drop. this time they're supposedly waitin on citizen gas. yeah they might pr some great numbers and expectations but will those numbers be legit? we'll never know but who cares? LoL i'm just hoping for a decent run.....but if they drop ANOTHER excuse man i'll be pissed! LoL..GL by the way, are there any folks out there in KY/TN who could verify that mglg actually have wells up and runnin now? i would greatly appreciate it.