Replies to This Discussion

Permalink Reply by Scott on December 28, 2009 at 12:54

And spot prices weren't too far behind closing at 5.90. Looks like we're having that cold winter we're hoping so much for.

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Permalink Reply by Big Daddy, bcnr on December 28, 2009 at 15:07

I can validate that. It's cold up here. I'll send more money next month.

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Permalink Reply by Spring Branch,mineral owner on December 29, 2009 at 0:28

With futures at $6.00 and spot prices at $5.90, I suppose we can expect to get $4-$4.50 for our gas the way it has been going with these operators, especially Chesapeake.

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Permalink Reply by adubu on December 29, 2009 at 0:43

depends on location of your well and what the Henry Hub price is during 1st week of month. My gas contract price sets on 4th of each month for that month in east texas fields. Price was $4.5 in december so my check received in Feb. 2010 (Dec. gas)will be based on $4.5. If gas stays around $6 early Jan. 2010 I'll get about$5.25 ( $6-transportation-middle man-other things= ~ $5.25). If you are in La. closer to the Hub price is closer to $5.50-5.75 transportation shorter distant.if price $6 spot price early part of month. Your prices with CHK like most are set for month.

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Permalink Reply by drilltheshale on December 29, 2009 at 4:31

Funny I'm liking cold weather more these days.

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Permalink Reply by WVLandOwner on December 29, 2009 at 4:58

It sure is cold here. We were without power for 8 days do to the big snow store. Came back on 12-26.

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Permalink Reply by RAY on December 29, 2009 at 6:05

I dont get the hoopla......its only cold a small portion of the yr.

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Permalink Reply by The_Baron on December 29, 2009 at 6:36

Ray, look at the storage numbers. See how they change through the year?

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Permalink Reply by intrepid on December 29, 2009 at 11:03

Even with a little prce drop today this is the Cabot stock report:
Price
44.550 Change
-1.040
% Change
-2.281
Bid
44.560 Ask
44.570 Open
45.640
Volume
753,613 High
45.800 Low
44.510 52-Week High (12/28/09)
46.26 52-Week Low (03/02/09)
17.84 1-Yr Return
79.553%

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