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EXCO Resources Inc. Message Board

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  • quantuon quantuon Mar 30, 2012 1:30 PM Flag

    Bears are ALL Wrong

    well there is about 1600 Bcfe of storage left but normally we produce 2000 during the summer to stock up...so that implies a 75% reduction in production meaning that XCO, for ex., would need to go down to ~400 Mmcfe/day but their latest guidance said about 475/day so not much relief though they get down to act 425 towards the end...so that tells me it is probably not until sometime later in 2013 even with a demand increase unless we get draconian cutbacks in production...the question I have is if everyone keeps producing like XCO is guiding, and we don't see a lot more demand now, then where are we going to put it?????

 
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