re:gas prices and cash flow, page-4

There always seems to be a puzzlegoing with Marion ! The CEO recently said in effect that the company would be going flat out to have all 8 initial wells in full production by 31/12 -to capture WINTER prices. So far so good. At the AGM Alecfra reported that an officer of Marion had said something along the lines of " We expect to get prices of H.H. less $4 until the new east section of Rex comes into op.in 3/08,when the discount will reduce to $1.50 to $2".REALLY ! What he should have said is something a lot closer to "we expect to achieve much the same pricing regime as recently,a discount to H.H. of perhaps $4, but remember that it gets very cold in the states around the Rockies in winter and as the CEO has said we intend to capture some of the benefit of the usually significant rise in local gas prices when the home heating factor kicks in and prices should be perhaps of the order of "$2" higher than "H.H. less$4". I thank Questar for filling in the gaps for me. If you disagree with my logic consider-why would Marion bust their boiler to get $3 (H.H.s $7 less $4) when their cash cost is $2,50 (Tricoms figure)? I would be amazed if Marion arent getting 6s (less $2.50 cash cost) a vastly different proposition from $3 less $2.50. I am not expecting any imminent announcement but the result of one drill must be on the horizon,and a progress report on achieving 8-well production cant be very far away. I think more frequent reporting would be a great help to shareholders.