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To: Think4Yourself who wrote (71605)	8/24/2000 2:54:16 PM
From: Ken Robbins	Read Replies (1) \| Respond to of 95453

Yeah, probably so. I bough SFS a couple of months ago as a lower cost way to add to my DVN.

To: Think4Yourself who wrote (71605)	8/24/2000 5:57:35 PM
From: JHR	Read Replies (2) \| Respond to of 95453

JQP-- I know you've posted a number of times about NG stocks and and their hedge positions. I cant find those posts, but got this from RRC today. For the quarter ended 6/30 after hedging their gas sold for $2.47 which was a 24% increase. They have 76% of 3Q `hedged at $2.79 which includes nat gas liquids. In the 4th quarter 56% of their production is hedged at $3.71 per MCFe. They didn't go past that. Their operating costs are 0.67 per MCFe. Looks like debt is coming down and they got rid of the big seller. I've been burned on this sucker twice , but its looking interesting again. Could you post or refer me to the old one that discusses the hedge ststus of some of these NG stocks.TIA