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Message: Re: Nice read...
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Jan 17, 2011 12:48AM

Good article Rocco !!

To anybody new on the forum, that is precisely why Exxon/Mobil paid 42 billion for XTO Energys @ "[15 TCF Nat Gas reserve, that is calculated at a recovery rate of @ 48%. Remember QEC's reserve is also 15 TCF if you use the same recovery rate calculations, the only difference is XTO Energys reserve has been proven.]" last yr which really was the start of the M & A for Shale Nat Gas plays.

Rocket


Jan 17, 2011 08:37AM
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