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Gold/Mining/Energy : Hegco Canada Inc.

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To: READE SMITH who wrote (2303)9/30/2001 11:59:14 AM
From: Ed Ajootian   of 2316
 
With natgas prices tanking as they are, do you think HEG may have to shut-in these marginal producers? I believe a half an mmcf a day would not even pay for the well production costs at current natgas prices.

The release said they would crank the wells up later. Hopefully this will work.
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