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Strategies & Market Trends : Natural Resource Stocks

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To: JimisJim who wrote (93035)8/26/2016 11:46:38 AM
From: isopatch1 Recommendation

Recommended By
JimisJim

   of 108563
 
Big issue for Marcellus producers, in recent years, is spread between our well head and chronically higher NYMEX spot.

Ran into CEO of large local producer, at the recycling center. a few days ago. Talked for the better part of an hour. Among other things, he told me the years of massive pipeline infrastructure build out to take all the gas we can produce in this liquid rich portion of the Marcellus region, should be finished late next year. Then, it'll be goodbye price spread AND much higher prices for oil & gas mineral properties thereafter.

May be able to complete the LT allocation of the property portfolio buying considerably less than very heavy purchase total of last November. All in the hands of Lady Luck and her boyfriend, Mr Market, going forward.

Iso
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