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just sold my position and ended the pain, with gas inventories at record highs its no different than oil I don't see this going the other...
So lets do some calculations. Production end of Dec was 7100 bbls a day. We have a EV value of about 56 mil gives us a price per flowing...
I will not look if it will make me sad. LOL
40% for the rest of 2015 at 3.00MMbtu. Very similar to what BXE did, and look what that ticker did in the last month.
Is not their gas hedged at $3 for most of this year? The only rig drilling is off the drilling report, so not sure.