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Message: Re: Dundee reiterate $8 target
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Sep 28, 2010 03:04PM

Sep 28, 2010 05:06PM

Its worth noting that the estimate Dundee made for the Gentilly HZ is in the same ballpark that QEC have guidet the Gentilly HZ result. So there shouldn't be any surprises to the market that the Gentilly HZ comes in much lower then the St.Edouard.

On a sidenote, Dundee assumes no flow at all from the lower Utica. And we now know the middle and the lower Utica is tested seperately, hence the long wait, so the results will give a very interesting insight into the lower Utica.

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Sep 29, 2010 04:10PM
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