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Southwestern Energy Co. Message Board

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  • mkable mkable Aug 13, 2012 12:41 PM Flag

    Brown Dense$$ (nice pressure)

    So, Mr. "findoilgas", Are you really that dense?

    Chem.9999 already posted the link to the earnings call transcript for you. In the Q2 earnings call presentation, SWN did tell us that the BML well AVERAGED 353 barrels of oil per day and 3.3 million cubic feet of gas per day FOR MORE THAN THIRTY DAYS...

    http://www.sec.gov/Archives/edgar/data/7332/000000733212000030/exhibit991.htm

    Obvioulsy you believe that if you post your criticisms of this play loudly and frequently enough people will believe you rather than the facts.

    The fact is that the Bill Way, the COO of SWN told everyone in their Q2 conference call that the BML well produced over 353 barrels of oil per day for over thrity days... Plus, later in the Q&A session, Mueller (CEO) refers to the natural gas component of the BML production, describing the high BTU content as indicative of significant natural gas liquids content "the kind of stabilized BTU for that gas is about 1,200 BTU gas, so there is significant NGLs in it..." Granted, it would be nice of they could provide more detailed information at some point, but the basics are there. Everyone should listen to the conference call or read the earnings-call transcript for themselves to find the truth.

 
SWN
40.43-0.15(-0.37%)Aug 1 4:02 PMEDT

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