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Strategies & Market Trends : Strictly: Drilling II
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To: Art Bechhoefer who wrote (196)8/19/2001 11:51:18 AM
From: Edmond Katonica  Read Replies (1) of 36161
 
Art

Many companies are well hedged against fallen gas prices, and that’s what I try to look at right now. In a sense that buys time out into the future. If you look at CHK they are hedged out over a year at very nice prices. A year from now I would think we would be on the road to recovery. They produce little oil.
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