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Author: rjf53 Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 20005  
Subject: Re: Nat Gas Turnaround Timeline Date: 2/5/2013 11:09 AM
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Other large unconventional reservoirs of natural gas will be discovered - which will in the short-term devastate the pure natural gas plays.

Well maybe, but one needs to remember that even if the 2023 prediction were to play out the big boys have a time horizon that stretches that far beyond that and for planning purposes need to act much sooner. i.e. it didn’t prevent XTO shareholders from making out from XOM’s purchase a few years back, or more recently Celtic this past year. In addition, to name a couple, Painted Pony and Tourlamine have done just fine presumably based on their location with respect to projects that are many years down the road.

- I'm a bigger fan of finding a favorable mix in companies that are on the path to cashflow through oil production but are sitting on a gold mine of natural gas - that is if the natural gas prices raise above $4 or more.

This remains my favorite choice as well, excepting non North American plays that already command high prices, except in most cases absent a oil hedging strategy as aggressive as SD’s many of these companies will just find themselves in a double dose of doodoo if oil prices were to roll over.

SD if Tom gets kicked out.

I still doubt this is in the cards.

Any ideas what’s behind the last 3 days of crappy performance with the share price? Dang thing is tempting me again despite everything I’ve had to say on the subject.

Once an addict always an addict I guess. :<)

B
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