KOB.TO - East Lost Hills & GSJB joint venture Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : KOB.TO - East Lost Hills & GSJB joint venture

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Salt'n'Peppa who wrote (10097)	4/6/2000 9:32:00 PM
From: grayhairs	Read Replies (3) of 15703

Hi Salty. <<Nymex May Natural Gas closed at a new all-time high today.>> WOW, and it isn't even hurricane season yet !! I can hardly wait till May - June when gas purchasers all start watching the weather channel again !!! As you may know, California gas does receive a "location premium" of roughly $0.20/mcf compared to the NYMEX futures. In addition, because the ELH gas is liquid (i.e. BTU) rich, it will also realize an approximate 20% "heat content premium". In other words, today the JV could probably have entered into a 31 day contract for May delivery at roughly $3.75-$3.80/mcf. Damn, if only they had some sales gas !! <gg> Later, grayhairs

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next