"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?
So tell us sand what makes KOG such a special stock? It appears to me they seem to be more of a trading stock than an investment/ It goes to 9 then back to the 7's and mid sixs. They aren't producing that much i believe you are [playing this as a take out stock more then a buy and hold stock. So if you wouldplease explain why they are a good buy at this price. Not taking sides just seems that you are always talking this stock up. Of course we know rlp appears not to care for KOG. So rlp can you give some examples as well as to why it shouldn't be bought.