Thanks, JD.Here is something to ponder while I trawl through the...

Thanks, JD.

Here is something to ponder while I trawl through the recommended reading.

I was under the impression that gas removal from anywhere would be regarded as an individual operation, a stand-alone entity like a separate company. The owner then would have to buy it from itself at the going rate if it wanted to use it.

It doesn't feel right for a company to extract gas and not to be included in and fully accountable to government domestic gas regulations.

And what would be the implications for Hancock/STX WE gas, if Hancock wants sole use of its half-share. Is it not regarded as domestic, does Hancock have to buy gas from the JV or what? It doesn't belong solely to STX or Hancock.

Something feels odd. J L.