Things are slowing down...

In the patch that is. Partially due to 4th quarter, economy, availibility of capital, natural gas prices, etc...I know for a fact that the companies we represent are slowing down in the Haynesville. XTO, Forest and HK. Batten down the hatches. To all of those out there who have made a good deal on a lease, great. To those waiting, you probably should just sit tight for a little while longer. I believe that the prices of $15,000.00 per acre are over. At least for now. IMHO.

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Permalink Reply by Greedy Landowner on September 24, 2008 at 4:16
Krow, I've never looked at it that way, but that is the truth.

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