drill baby drill??, page-3

Tas, what should be noted about this gas reserve is the cost to exract it as its pretty deep and from what I have heard, in somewhat tricky terrain.

That all equals costly drilling and extraction techniques and with gas prices below $5 there isn't much of a chance of that happening. I think I heard this and a few other monster deposits needed about $8 to break even.

RFE on the other hand is a lot cheaper to extract and with break even about $1.80 (super cheap) as its shallow and the fomation appears fairly consistent across the acreage.

Patience will be rewarded here once the $$ start coming in. 2010 is looking promising for good uptick in cashflows