Have to agree with you brucesterfer. By the time wgp is ready for production the gas price in WA may even be well above the $8.00mcf, given the expected shortfall in gas supplies. May I refer you to page eleven of the latest NWE presentation re,wells per acres. One well per eighty acres. It would seem you have a good case for a significant upgrade in potential producible gas(asumming the model holds up).
Thinking about buying in,I currently hold NWE.
Raider
WGP Price at posting:
2.2¢ Sentiment: None Disclosure: Not Held