mae v ody, page-3

Bello
What is the pricing point for Clear creek gas? It is quite relevant to the MAE shareprice.There is currently a supply glut in the Rocky mountain states and prices are significantly lower than Henry Hub. If it goes up through Wyoming you would only be getting around $3.5mil bcf at present which would not justify a takeover price anywhere near $2.5mil bcf.

I personally think anytakover would need to wait closer to 2009 when extra pipeline capacity is due onstream and gas prices will be closer to those of Henry Hub.

Interested to hear what other posters know of the situation. I would assume those with significant holdings would know the details.
cheers