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

To: Dennis Roth who wrote (182268)	1/18/2014 2:04:07 PM
From: Dennis Roth	2 Recommendations Recommended By evestor Schnullie Respond to of 206178

UT Study: Fayetteville Shale to Contribute to US Gas Supply for Years by Gene Lockard Rigzone Staff Monday, January 13, 2014 rigzone.com ...About 18 Tcf are estimated to be economically feasible to recover when natural gas prices are close to $4 per million cubic feet (MMcf). However, the production outlook is only somewhat sensitive to the price of natural gas, the BEG team said. The assessment forecasts that using a $4/MMcf natural gas price scenario, the Fayetteville Shale would reach a plateau sometime in the period of 2012-2015 before gradually declining as the well count decreased...

To: Dennis Roth who wrote (182268)	1/18/2014 2:34:54 PM
From: Bearcatbob	Read Replies (1) \| Respond to of 206178

Just wait until FCX brings on the MMR wells in the GOM. Declines IMO are more a function of low price than resource. Me thinks Bill should fold a losing hand and walk away from the table. Bob