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Inergy, L.P. Message Board

carchandco51 1 post  |  Last Activity: May 7, 2014 12:59 PM Member since: May 6, 2008
  • Reply to

    Strategic Alliance With WPX Energy

    by criticalthinker0227 May 6, 2014 5:25 PM
    carchandco51 carchandco51 May 7, 2014 12:59 PM Flag

    the stated production from over 2700 wells is puny. the working interest increases incrementaly and so do your costs. in five years the production will decline to less than 50 mmcf/day. think of the plugging costs for 2700 + wells. looks to be an old one trick pony, no mention of other productive zones behind the pipe so you get what you got. no info on btu content, pricing hub, compression costs, etc. how many employees are required to operate 2700 wells? lastly, colorado taxes are high. should be immediately accretive to managements pockets.

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