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Breitburn Energy Partners LP Message Board

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  • moneyonomics moneyonomics Mar 30, 2012 1:47 PM Flag

    below MA50 good time to buy ?

    ach the gas they bought is wet, 1300 mmbtu, and they hedged it at over $5.00 mcf for around 5 years and operating margin was around $4.00 mcf/probably $3.00 mcf all in. Obviously without seeing the economics it is hard to tell but would bet investment pays back with mainly maintenance capital and some but very little new drilling

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