Total storage for the week ending 4-4 was 826 Bcf an increase of 4 Bcf less than the 17 Bcf projected. Storage is 849 Bcf less than last year at this time and well below the 5 year average of 1823 Bcf. Price increases would seem imminent.
Thanks for the update...want to say thanks for the good information in a board with so much useless posts.
Certainly, prices are going up....LT positive...hope our production also increases. Seems to me KWK is close to break even and certainly a 20% pop in prices will make us profitable.
Once we are there, we can work a good HRB deal...where the price increases will certain bring us bigger $$$.
Like to be selling HRB with rice at $6 or better than at $4 and below.
Triple 7 were on the same page pal. The hedged prices going forward should put KWK in a position to turn a profit by years end if not sooner. History does tell us that at 6$NG KWK is very profitable as former stock prices dictate. Good luck 777.