Alefra,could you advise what the current gas price is together,...

Alefra,
could you advise what the current gas price is together, if you have it, the forward projection for the coming US winter period?

Whereas a JV might be one way of relieving short term current pressures, I would have thought a 'boots and all' approach could lead to a better result. For instance, MAE coy borrows another $20m and drills another 20 wells (approx $800kp hole)in the Clear Creek area....possibly achieving 4-7 million cf per hole (~140mcfpd). Multiply that by 365 days per year, together with existing well productions (~20Mcfpd), then we have a steady income stream which, IMO, will more than justify having a debt of $80m.
I am hoping MAE will have it's day in the sun but make it this year, p l e a s e...................................