Not expecting a large draw tomorrow, however bitter cold is moving in for the next two weeks or longer and Huge draws are gonna happen, pending the underlying demand we could see $5 NG by 1/16 to 1/23. At that point the game changes completely irregardless of HRB JV, earnings in feb, two conferences, and another deal in Rocky Mountains, undisclosed. Does anyone know the expected draw for tomorrow?
At this pace, by the end of January, we will be 500 Bcft below the five year avg and headed into a tight injection season with 18 year low rigs on the field, and no pick up of drilling industry wide. The NG companies need $5-$6 NG long term to maintain and service and deliver good returns. I think our day has come and we are positioned well. Looking forward to 2014 and the turn around story to run the pps a lot higher.