2004
Southwestern Energy announces it has accumulated 575,000 net acres in the new Fayetteville Shale play
August, Stock trades at 4 dollar, Henry Hub 4,80 dlr
2007
Southwestern Energy’s gross operated production surpasses 300 MMcf per day from the Fayetteville Shale play
July, stock trades at 25 dollar, Henry Hub 8 dlr
2010
and the story goes on.....
Aug, stock trades at 32 dlr and henry hub at 3,8 dlr
On page 25 in the presentation the comparison is made with SWN's development of Fayetteville Shale.
I'm willing to hold on for a 3 year period, but I suspect that some of the holders and entusiastic shareholders at that time in early 2004 where as doubtfull, hopefull, douptful again as we are now.
So, just my 2 cent and lets hope and cross our fingers.