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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Biotech Jim who wrote (181165)10/31/2013 1:22:31 PM
From: Biotech Jim2 Recommendations

Recommended By
Ben Smith
work4ever

  Read Replies (3) | Respond to of 206159
 
In the last reported short interest report, PVA short interest rose by about 100K shares. As of 10/15/ 2013, short interest was at 11.2M shares, or about 17% of the outstanding shares. Pity on those who recently took on short positions.

Very interesting conference call this morning, and they are now hedging production into 2015. Growth in Eagle Ford acreage is ongoing, beyond that acquired in the Magnum Hunter buy. PVA also plans to spin out its Eagle Ford pipeline collection assets, and in a separate transaction will will sell the rights to lay more pipe. They have several competitive bids at the moment. Balance sheet is cleaning up nicely.

Those interested in the CC from this morning can access it via the following statement from the quarterly report, the link to which was posted in my prior message.

"The replay can be accessed by dialing toll free 1-855-859-2056 (international: 1-404-537-3406) and using the replay code 33059048. In addition, an on-demand replay of the webcast will also be available for two weeks at our website beginning approximately 24 hours after the webcast."