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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: ChanceIs who wrote (106231)7/30/2008 10:19:33 PM
From: wildandwonderful  Read Replies (1) of 206358
 
Marcellus shale is nothing but hype.These wells drilled horizontally with massive frac's is costing Millons ( 3 Million per well range ).We don't have any long term decline curve analysis. Till we have some data I will consider these hypes.
From some declines I have seen Range, Chespeake and others are going to lose their shirts unless high NG price saves them.
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