25
Jun
Wrap – Week Ended 6/24/11 (In Progress)
... comments to be added ...
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Insider Info Trades on IEA SPR Releases
http://online.wsj.com/article/SB10001424052702304569504576405900502369200.html?mod=WSJ_hp_LEFTWhatsNewsCollection
June 25th, 2011 at 6:10 pmMay be of interest: nat gas commentary-first site illustrates over estimates of company vs company estimates-who do think is closer, Z?
June 26th, 2011 at 10:37 amThanks.
http://www.nytimes.com/imagepages/2011/06/26/us/26gasgraphic1.html?ref=us
http://www.nytimes.com/2011/06/26/us/26gas.html?_r=1&hp
See today s NYTimes.com front page article on NG
June 26th, 2011 at 10:37 amIntern #1 party at the house today, will have a look and will have comments in tomorrow's post.
Also, got feedback from SSN, will have more comments re their new Bakken position in tomorrow's post.
June 26th, 2011 at 10:41 amSU
June 26th, 2011 at 11:27 amDoing a little homework and see that SU is looking to complete a weekly DeMark TD9 exhaustion low pattern coming into solid support in the 37 area making it a decent longer term entry point.
An area worth watching, imo. Far support at 35
http://www.charthub.com/images/2011/06/26/Stock_Composite
JB..thanks..voted
June 26th, 2011 at 11:30 amRe 2, 3. Nutshell: Heard that all before, some of it is true in that there are cores and non core areas in the plays, the first year decline being high is no secret at all. Most of the gas is out of the well in the first couple years and then it's expected to have a long tailing decline… if it doesn't that's not a big deal killer. The surge in US production was from the shales and the growth has come as the rig count has twice ebbed. Anyway, heard it all before, especially from a geologist who's been labeled a nut by industry for a long time. The profitability depends on the price of gas so if they are really right, then gas prices will rise. Anyway, old hat, recycled.
June 26th, 2011 at 2:19 pmThanks, Z
June 26th, 2011 at 11:22 pmhttp://finance.yahoo.com/news/Gushers-highlight-potential-apf-3807643486.html?x=0&sec=topStories&pos=main&asset=&ccode=
June 26th, 2011 at 11:52 pmPA news on nat gas