January 2009 Blog Posts (25)

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cubic hz

Despite your fondness of this co. It would seem they would learn from the best. Keep drilling vert and hold the leases then get bought or save a few shillings and do a horizontal well. Why wouldn't they do a stock or cash transaction--- they don't owe wells fargo till 2010 sometime--a lot can happen in a year

Added by patrick hays on January 12, 2009 at 9:54 — 1 Comment

to lease or not to lease

Why should I lease my land and get 25% royalty rather than collect 100% royalty? I know you have to wait longer to start collecting royalties but in the long run I should get much more for my land than the lease bonus.

Added by Ironman on January 12, 2009 at 8:51 — No Comments

T Boone vs. Fed Ex, Natural Gas vs. Hybrids

"...Mr. Pickens has his opponents, including FedEx CEO Fred Smith, who favors electrification of the transporation fleet. Mr. Smith argues that hybrids are the way to go, and is putting his money where his mouth is. With 80,000 motorized vehicles, FedEx now boasts the largest fleet of commercial hybrid trucks in North America.



Without naming Mr. Pickens, the company’s director of sustainability, Mitch Jackson, upped the ante on Sunday with a blog item blasting natural gas as… Continue

Added by Keith Mauck (Site Publisher) on January 12, 2009 at 6:53 — 13 Comments

Getting Rid of Some Surplus

I'm sure those of us connected to the NG Industry won't mind the arctic blast heading our way. This was bound to happen...stay warm up there...and turn that heat up (that sounds bad doesn't it?).



"Bitterly cold air bottled up over the depths of the Arctic will plunge southward next week, gripping the eastern two-thirds of the nation. The frigid air will likely arrive in two waves. The first shot will blast the Midwest and Northeast early next week. The second, which will prove to be… Continue

Added by Keith Mauck (Site Publisher) on January 10, 2009 at 9:39 — 1 Comment

Natural Gas Price At End of January 2009 Closed At $4.42

Natural Gas Prices Fall to $5.55 During Christmas Eve 2008...



For the week ended Dec. 19, crude inventories fell by 3.1 million barrels, or one per cent, to 318.2 million barrels, which is 9.1 per cent above year-ago levels, the Energy Department's Energy Information Administration said in its weekly report. On Christmas Eve, light, sweet crude for February delivery fell $3.63 to close at $35.35 US in a shortened day of trading. Prices had fallen as low as $35.13… Continue

Added by weatherman on January 6, 2009 at 11:00 — No Comments

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