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Plains Exploration & Production Company Message Board

  • realbjessup realbjessup Jan 16, 2012 1:43 AM Flag


    Since PXP owns 50+ million shares of MMR, I noted that MMR is about to complete the DJ#1 well. The MMR CC is on Tues. and they will have an update on the progress of the well, if we are lucky. They apparently think this is a giant NG field and with any good news on the completion, it will likely be at least a short-term benefit to PXP. Longer term, even better--expecially if NG prices ever get back to a more realistic price. GLTA (LONGS!).


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