Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: isopatch who wrote (22183)	11/28/2002 12:33:43 PM
From: Douglas V. Fant	Read Replies (2) of 36161

isopatch, I've worked on two LNG terminals. With one exception in the Middle East, most LNG projects need about $3.00/mcf to thrive. As onshore gas deposits deplete and gas industries evolve from regional to global markets similar to crude oil, then companies based in North America with strong onshore gas positions should do pretty well financially, since LNG pricing should prop up (over the long term) domestic natural gas prices. So look for small andmid-cap gas producers without too much debt (survive slowdown periods)and solid North America gas reserves.....

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