Hey all,Came across these two articles on...

Hey all,

Came across these two articles on NYT:

http://www.nytimes.com/2011/06/26/us/26gas.html?pagewanted=1&_r=2&nl=todaysheadlines&emc=tha2

http://www.nytimes.com/interactive/us/natural-gas-drilling-down-documents-4.html#document/p11/a22740

I am up to about Page 50 of 487 through the leaked emails..most of it relates to HK or CHK and the Marcellus, Barnett & Haynesville shales. The gist of what I have read so far is scepticism over whether these natural gas wells are really economical at $4/mmscf and how long these wells will actually produce worthwhile volumes for (ie is the 20 year assumption used valid). There has been one reference to the Eagleford shale and one reference towards these NG producers focussing on more liquid rich plays which coincidently CHK make a big deal out of in their June presentation.

Will update if I come across something relevant to AUT / the more relevant counties.