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Popo1

04/08/11 11:58 AM

#2858 RE: TJ4 #2857

King - we've been concentrating on the NG, probably because that's all the PR's have mentioned. What's you DD say about NGL vs dry gas asset pricing? Believe KNOC/APC deal in Eagle Ford was for a NGL rich asset which brought highest acreage pricing so far. Also KNOC hungry for assets per their PR, so motivated. A strong NGL content report could send this play into afterburners.
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king yukon

04/08/11 5:05 PM

#2866 RE: TJ4 #2857

TJ4, Actually 14 trillion,if I recall by sections,1 DEEP WELL per section 640 acres for MISSISSIPPI. So that buyout number would be ball park in uds's is $250. YEAH thankx for correcting me on my SLOPPY math. DUMB of me, how dumb,I was way off,really stupid, how could I do such a thing. KIDDING and laughing at myself. ky