Tue, Sep 16, 2014, 3:08 PM EDT - U.S. Markets close in 52 mins.


% | $
Quotes you view appear here for quick access.

Linn Energy, LLC (LINE) Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • sandonthebeach47 sandonthebeach47 Nov 19, 2012 2:50 PM Flag

    "LINE added TWO great natural gas properties during that period BUT they are very profitable. "

    Since you decided to change the topic to prove something that is easily checked if you want to call Linn IR..... from what was actually asked....here is a copy for to help with that misinterpretion problem that you seem to have.

    NOTICE what was specifically asked:

    "So,......who added dry gas drilling when prices were under or near $2 to produce gas at a loss?"

    .....in this post:

    RLP fails again to Show us......How long does a Bakken well last?
    Nov 18, 2012 1:35 PM
    Call all the name you like.....You are at about that maturity levele.
    And, you can ask him whatever you like...he wrote that.

    But the point remains the same:

    [The low price of natural gas tossed shares of US independent producers into the garbage. Some escaped the wrath of Mr. Market temporarily, by shifting drilling to wet gas opportunities. Others have more radically shifted their focus to unconventional oil shale opportunities. Regardless of the exact method, most are working hard to raise the mix of liquids in their production.]

    And it is repeated in presentations & conference calls over and over...GMXR, LINE, PXD, EOG.....how many are you going to go check to see if ANYONE did what you claim instead, which is the reverse?

    SHOW US who went the other direction as you keep posting about.....and instead of making that shift to a more oily & natural gas liquids mix?

    So,......who added dry gas drilling when prices were under or near $2 to produce gas at a loss?


    Glad you like COG....maybe you should buy more... but ...you are still wromg about you point conceerning the SHIFT of many OIL & Gas producers toward the OILIER plays including the BAKKEN, during the period of naturel gas price collapse in late 2011 through to 2012.

    Post all the half- truths, part of the story, skewed data from people who limit to only Montana and draw incorrect conclusions from that....or the usual mere kernels of concoted data, or the usual flurry of cut & paste jobs, from any of the sources you like....you will still be wrong on that point concerning the shift of many to more oily plays in 2012 while natural gas prices were low.

    You also pretend to forget.....that most do think that the price of natural gas WILL recover and another shift toward natural gas will take place when prices come back.

    LINE, for example is in a VERY good position to do just thatkind of shift when the prices of natural gas recover.

    By then....KOG will probably be at least 80% tied into natural gas pipelines also, if I remember the comments correctly from the last conference call.

    Anyone remember exactly what was said about the KOG gas percentage into pipelines?

    Sentiment: Strong Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
30.9299+0.1499(+0.49%)3:08 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.