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To: Tomas who wrote (20009)3/10/2003 5:11:09 PM
From: Tomas  Read Replies (1) | Respond to of 206118
 
Gas Prices, Outlook, Iraq - Evergreen Resources' Sexton

"There is not enough natural gas production going on in this country. We are concerned that the supply demand imbalance in natural gas is going to continue into the future, and that higher natural gas prices are going to be the norm going forward"

Denver, March 7 (Bloomberg) -- Mark Sexton (left), chief executive of Evergreen Resources Inc., talks with Bloomberg's Greg Miles via satellite about the outlook for natural gas prices and the company's plans to use its free cash to fund exploration projects and pay down debt. Evergreen explores, develops, operates and acquires oil and gas properties.

01:30 Factors affecting natural gas prices and outlook; Iraq
01:29 Evergreen's hedging activity; potential uses of free cash
00:30 Evergreen's profit forecasts for 2003 and 2004
Running time 3:29
Listen: media5.bloomberg.com:443/cgi-bin/getavfile.cgi?A=22609065