Everyone,

  Just wanted to update you on why WPX and other companies (XTO, CHK, RANGE, etc..) are putting a hold on drilling or leasing anyone else up in Dry gas areas! With the NAT GAS price sitting around 2.40 on the market, companies are looking for Wet gas in the Western areas of PA, WV and OH. I talk to the landman for WPX the other day, He explained to me that WPX is not moving out of the area, just stop taking new leases for a few months. until the demand for NAT GAS comes up, there on a hold.

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