Natural Gas Breakeven Costs:

Encana, Montney $3.50 US MMBTU

Alberta $7.50 CAD MMBTU

Henry Hub Spot $2.36 US MMBTU September 1, 2009

Gas producers cannot sell NG below their cost for long periods of time. They cannot increase their corporate net income by selling greater volumes of gas. They have to stop completions and shut-off production from their gas fields until the price of gas improves.