Is it just me, or were the analysts questions simply lame?
No clarification whether the 400-500m in planned asset sales included the other 100-150m in non-core asset sales GE spoke about in response to Irene; no Q from anyone re current production; no clarification why 1st Qtr production not higher than 15-16k (acknowledging 2.5k shut in) as if there was NO new production for any wells for 2.5 months; no Q re timing of EHunter spinoff in light of recent SEC filing; and no Q re value of EHunter given $150m in new capital commitments.
And then, once GE commented on the quarter 1 production figure being between 15k and 16k per day, no one bothers to comment on just how deceitful it was for GE to put out a Feb presentation that shows 18.5-20k "current estimated production" on page 1 when he KNOWS that 2.5k is shut in and AVERAGE for Qtr is going to be less than 16k. Not a single analyst asked him to address the discrepancies between his various representations. Very lame.....
I have followed many meetings with analyst and can't remember that all my questions were asked nor answered.
It is the big frustration of each individual investor . Concerning news flow we always come second .
Next to your remarks and questions i would have liked to know if the gathering system for natural gas in the Bakken will be operational at the end of March as they projected and how many MBTU this will add to the daily production . Concerning the production figures i am also flabbergasted that no new production ( BAKKEN-EF-Appalachian ) would have been added last three months to offset some cutbacks . I can't imagine all those rigs and man were holding a hibernation .
Thelongfromnacogdoches is short of thought. Really, I can call and ask questions? Did it ever occur to you that is precisely what I am pointing out? -- that I can ask better questions than the so-called analysts. Maybe you could refrain from offering such a lame reply to my post.....