Wed, Sep 17, 2014, 10:48 AM EDT - U.S. Markets close in 5 hrs 12 mins


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

EV Energy Partners LP Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • fredericababe fredericababe Mar 13, 2012 7:24 PM Flag

    Chesapeake Announces Partnership with EVEP

    i don't see how this deal will prevent them from selling their acerage. i initially had the same thought as you.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • EVEP is going to keep its
      royalty at 7.5% off the top
      of growing production...that is in my
      estimation worth about a billion
      on its own.

      Given the rapid tech improvements for
      horizontal drilling in the last few years,
      they should be able to rapidly ramp-up
      this area. We probably won't see top production until 2016 before it levels out for. Imagine what our royalty stream will
      be that year!

      This announcement shows increased public conviction in the UTICA and will be yet another income stream for EVEP.

      We will probably trade out 150k net land
      position for for about $2 billion worth of high PDP assets, but will keep the royalty on all land.

      When completed this will get us to the low 2's on debt to EBIDTA, just where we want
      to be with huge and growing income streams
      from our new positions.

38.038-0.212(-0.55%)10:47 AMEDT

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.