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Posted on 4/10/15 at 3:09 pm to GREENHEAD22
TD of 18-20k Really haven't seen many decline curves as all are recently completed with a bunch waiting for completion, I know they are balls to the wall on their drilling program, ETC and PennTex are dropping about 500 million on plants to strip out the liquids.
Posted on 4/10/15 at 3:20 pm to GREENHEAD22
They have a HUGE, long term hedge position at fantastic prices - like 75% of their production through 2018. Their hedge book alone is worth probably close to $750 million today.
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