You would think that they have to make a decent acquisition in...

You would think that they have to make a decent acquisition in the US in the next two months to avoid paying a substantial portion of the capital gains tax on the sale of the Marcellus acreage at the end of June.
There maybe an opportunity for them to do more hedging in Dec/Jan with the arrival of winter in NY - producers in NY already receive a substantial premium in the spot pricing market compared with the quoted Nymex Henry Hub prices.
I feel that this stock will get re-rated wihin the next couple of months.