Re: NR-Questerre Acquires Horn River Shale Acreage
in response to
by
posted on
Jun 10, 2009 02:20PM
(Edit this message through the "fast facts" section)
You had some good points life. a spade is a spade and always will be a spade. QEC will start Frac operations in the summer ( July& Aug) We should see some results after that. Don't expect to hit the ball out of the part before then. Supply is huge right now and when the economy starts to move so will NG and the demand will make it move more and more until we have a sp that looks like we had last June. The good thing is that the economics of 3.50 Ng and 20 oil make the lowlands project go forward so our sp should go up quite a bit once the play is proven up.
BCQEC