NGAS Resources (NGAS)

[RonnieD]

the current spot price of NG isn't helping anyone
in the sector. as the colder weather approaches
we can expect inventories to decrease, sending the spot
price and futures up. That will help this stock.
If NG can get over 5 this stock should head over $2 again.
The balance sheet is great here.

NGAS Resources is an independent exploration and production company focused on unconventional natural gas plays in the eastern United States, principally in the southern Appalachian Basin. Core assets include over 360,000 acres with interests in approximately 1,400 wells and an extensive inventory of horizontal drilling locations. NGAS also operates the gas gathering facilities for its core Appalachian properties, providing deliverability directly from the wellhead to the interstate pipeline.