This can be the reason of SP fall today.

"She added however that the breakeven gas Quebec was higher than that of other deposits: $ 5.20 to $ 5.40 per thousand cubic feet, as against less than $ 4 for the Marcellus field in Pennsylvania. The Ministry of Finance agrees with the industry it must consider the profitability of wells in the establishment of royalty rates."

QEC is bit weak today despite Norway in plus and Canada is also in plus. Gasprices are on the move. This should boost SP.

Hi Inceptus

Thanks for the answer. You say "There is still enough risk in QEC given everything lately".

If I may ask, which risks are now after lately results. Can it happen that they say Utica play is not recoverable or there is a risk of not getting enough flow in the next three wells??

Can anybody tell me why they only pay $2/acres for utica shale? What is then QEC acres worth. This shouldn't be so cheep. It is just like free.

This is a only one pop. We are going very high in the comming moths and years.

Having this play from $1,05

expeter

Which nickname do you use on Danish board or Norwigian board?