Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: jim_p who wrote (76555)	10/17/2000 6:07:54 PM
From: Meridian	Read Replies (2) of 95453

Looking at production from NG bellwethers like BR, I would conclude that flush production is not helping. Plus, just because you see the end - you know what is going to undo the NG cycle (more production) - doesn't mean it's time to leave. When investors start paying big multiples for Gas E&P's (10-15X cash flow) then it may be time to leave. From where I sit, domestic gas production is set to increase just barely this year. But a good check will be to monitor production increases from good operators. You can't think that TX will increase production next year.

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