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Petrohawk Reports Much Better Than Expected Production; Revises Guidance Sharply Higher … And Does A 25 Million Share Deal. The 2Q Numbers: Production of 483 MMcfepd (94% gas), a world away above the 2Q guidance range of 425 to 435 MMcfepd. vs 412 MMcfepd in 1Q09 and vs 283 MMcfepd in 2Q08 Operating Costs: [...]
The market is taking a breather and I plan to continue raising cash as the employment report on Friday approaches and this market enters the tired period following the earnings deluge. I do plan to add a little EOG for Friday’s report after having tried and been too cheap to get filled during the day [...]
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