Very Good Presentation and delivered well. Horn River is a Gold Mine
Prolly carries more gas than the Barnett and investors are very active similar to Tokoyo. Going to be a good summer, fall, and winter. Drilling to pick up next year after proceeds are collected from other areas. One more JV with a nice check like TG and we got enough to drill with for 5-6 years agressively. Strong Buy at $2.51. JMHO.
A good earnings call, stable NG in the $4-5 range, low volumes going into storage all summer due to low contracted volume for 2-3 years, one Gulf Hurricane shut in that hasn't happened in 5 years, and two JV's announced like Tokoyo with Horn River, and either Niobrara, or West Texas and this could be a triple by the end of summer. JMHO.