Not a bad report, but certainly not an under promise and over deliver. It does look like the eagle ford sale is dead for now. Early stock action with pretty big volume suggests someone was not impressed. I will probably still hold my shares, but oil near $100 and the markets near all time highs, this is not encouraging. Next upside news might be the early results from Utica. MLP this summer. I would guess we are in a stand still until then. Maybe we won't tank as much if the market really gets hit.
it also appears that they did so by not going to the Mark West plant (the plant was not up and running when the put them on production). In addition, based on those IP rates, the liquids content is a bit lower than might have been expected (althought the gas IP rates are pretty good for medium sized horizontals). I certainly hope those SGY JV wells were cheap, short laterals and not so good IPs.
oh Ye of little faith
I'm SURE (lol) that they did an operational update due to the rantings on this board
Sell and go away
idiot should have waited
Yeah and the MArcellus wells really look like a bust at 9MMCF / per lol