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To: profile_14 who wrote (165838)3/20/2012 11:47:13 PM
From: sammie441 Recommendation  Respond to of 206325
 
there was a rumor in the market of a good Utica well for CHK in Carroll Cty which was the driver today I believe

>>Together with favorable forward gas prices firming up>>

what forward gas data point is firming? the 2 year strip has dropped over the last month. 3.30/mmbtu for the next 2 yrs, was 3.55 a month ago. there are sure to be a number of sentiment driven trades over the remainder of the year, but too early to call a bottom in natty, in my humble opinion

bloomberg.com