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DeeDog

04/09/11 9:58 PM

#2902 RE: Popo1 #2896

MMBTU? Got to show my ignorance in order to learn. Pls help me out again with more terms/abbr. I just learned that MMCFD is million cubic feet per day and MCFD is thousand, not million. But MMBTU threw me off POPO, is that for million BTU's as in energy rating BTU's? Also, I know BHP/CHK isn't brake horse power/check, I'm thinking that's company names? I've also been wondering about BV, obviously some kind of volume, base volume?
Thanks for sharing the DDing, all of ya'll. Without this board, I may have bailed out on MNLU already. IOU guys, especially for your patience with my questions.

King Yukon, absolutely, those pipelines should be tied in to domestic distribution lines, not for LNG shipment overseas. How long will it take them to see this opportunity to get off foreign oil? That's a no brainer, trucks, autos, home use, power plants, etc., NG/LNG is our ticket "home", in every sense of the word.
Go Gas!!!
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geopressure

04/11/11 7:53 PM

#2926 RE: Popo1 #2896

This is a good point that I had not considered... The limited areal extent of the Buena Vista Play will require a fraction of the pipeline and surface equipment requirements that most plays (Haynesville Shale, Fayetteville Shale, Marcellus Shale etc...) require. We are all very fortunate to be somewhat in the know regarding MNLU's potential with this find. Additionally we should all be thankful for the relative impatience of the stock market as a whole. This impatience is allowing us to pick up shares at a reduced price. Three months ago I wouldn't have imagined that we would catch such a deal...