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gasman3

01/12/12 7:49 PM

#5998 RE: Ecomike #5997

I sold everything MNLU/AEXP, it's just not smart to tie up $ when NG shows no signs of bottoming yet. The BV play will also certainly be dry NG which is also less popular with these low prices. This could be a dead play for over a year or more until the USA actually starts exporting LNG. JMHO. Good Luck
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dayneyus

01/12/12 8:35 PM

#6000 RE: Ecomike #5997

Maybe they do what IVAN did in china, (I know that market is different), sell the Whole BV for gas in the ground and move on.
It would certainly be better than sitting around for another year.
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swanky

01/13/12 8:27 AM

#6001 RE: Ecomike #5997

50,000 per 20 mill =1.5 mill/monthx 12 months= 18 mill/yr at 2.50 a thousand id take it