I think it is worth mentioning how much the quality of posting varies on gas related forums. We (Humphreys) do not claim expertise in anything. We have been involved in this for five years and have reached out extensively to try and gain insight and information helps us manage interests. We suggest anyone that finds something interesting in a forum, should go  out and confirm before using that info. There are overt scammers out there and the simple ignorant who don’t even know they are.

Not to light fires, but Ithaca Jack and a few other fellow posters at PAGasLease know a lot. They are NW PA SW NY producers even if not Marcellus. Vs others who read a bit and need to be seen as experts. In the # one ringers you can see the Corporate America hatred. Of course corporations put their interests first, their #1 job is protect and grow capital. Illegal is out except the lowest rung, which adopt it readily. We need corporations to corral financial, scientific and human capital to produce more, better, & cheaper. They re not owned by enemies, they are owned by individuals, pension funds, endowments (RICE University has a 30 Billion endowment, working to better all of us though their educational base. People in leasing or producers are not enemies (for his type, he seems not too bad”) .   It is easy to get drawn into great sounding penny stocks and for some it is easy to be enthralled by big personalities like McClendon (the Trump of Energyland) but we should know what we are buying: egos or Little guy makes it big falsehoods? Results, bad. Look at Norse and Chesapeake. Look at who likes them.   It is easy to have bad experiences and hold mega grudges blaming corporations for one’s own choices but will that improve your decision making?  

Gascos are getting less interested in land overlying faults, less interested in dealing with difficult landowners. We are going into a 2-4.50 world vs 5-10$ gas. Old bull-shoot accommodated won’t be anymore. Look at the media and regulators going after CHK.  

Like a play, how to end this disperse post? OK, more than ever it is time to make sane balanced, outcome ranged decisions in this wilding natural gas world. Fortunately the Marcellus is the driver, a low cost source and six that will be the market driver. From the outside it is no fun owning lots of gas assets in a bear like this but overtime being large and owning rock amongst the lowest cost, is ideal. 3$ gas knocks out credit formerly available to other higher cost plays and that will extend for some time, banks are slow but have caught on – see the rig count.

For what it may not be worth,     (FWNBW ?)

Melissa H.