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To: patron_anejo_por_favor who wrote (72132)9/27/2006 2:59:26 PM
From: Paul Kern  Respond to of 206085
 
Brilliant move by CHK. Those guys are the best managed gas E&P of the group. If they don't get paid to play, take their football and go home......<NG>

Gotta hand it to Aubrey. Now we know why he spent $100 of his own (and borrowed) money on his own stock.



To: patron_anejo_por_favor who wrote (72132)9/27/2006 2:59:31 PM
From: CommanderCricket  Read Replies (2) | Respond to of 206085
 
The market doesn't seem to understand what CHK has pulled off.

E&P's are suppose to lose money hedging!!! LOL

They can now shut in unhedged production, sit on a very nice cash flow and wait like buzzards.

They get to pick through the dead and dying...

Brilliant!

CC