Heidlebergman
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  • farmgas

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Heidlebergman replied to farmgas's discussion 'CNX Resources 1Q Report'
"I am guessing the TL-474 line has something to do with it.  Dominions South Marcellus Gate price is right at $1.50 mcf and has been below this mark for sometime until well...this month really.  DTI may have set price where they will buy…"
May 6
Heidlebergman replied to farmgas's discussion 'CNX Resources 1Q Report'
"I hope they have.  I still have some old colleagues that still work for them, but I haven't talked to them in a couple of years.  A lot of the old guard is still there which leads me to believe that it's probably more of the same."
May 5
Heidlebergman replied to farmgas's discussion 'CNX Resources 1Q Report'
"Transmission take out has a lot to do with the development of projects.  1.  Land position 2. Transmission pipeline take out 3. Legal/title 4.Geology 5.  terrain.  Pipelines are obviously very important.  A lot what is going…"
May 5
Heidlebergman replied to farmgas's discussion 'CNX Resources 1Q Report'
"I'm going to say pipeline either midstream or transmission may be an issue.  I just don't know enough about DTI's network in CPA."
May 5
Heidlebergman replied to farmgas's discussion 'CNX Resources 1Q Report'
"To be honest I have no idea.  I can speculate.  I was in a lot of meetings and I can tell you (not just CNX) but these companies have a new agenda about every two weeks.  I don't believe Dominion will take gas when the gate price…"
May 5
Heidlebergman replied to farmgas's discussion 'CNX Resources 1Q Report'
"CNX sold pretty much all of the West Virginia acreage they received from Dominion to HG Energy in 2016 or 2017.  A lot of it was contiguous.  I don't know what happened to their PA acreage outside of Greene and the Pittsburgh…"
Apr 30
farmgas left a comment for Heidlebergman
"Hello:  I`m very interested to contact you.  My contact with CNX has been greatly diminished for years without any current knowledge of our lease potential.  I may be able to offer insights to you, and you to me to understand how CNX…"
Apr 30
Heidlebergman replied to farmgas's discussion 'CNX Resources 1Q Report'
"Yes the fee acreage is cheaper and more profitable to drill on.  Youre paying yourself the royalties for property that was purchased probably ages ago.  CONSOL predecessors bought the minerals for the coal and they ended up with the gas as…"
Apr 30
Heidlebergman replied to farmgas's discussion 'CNX Resources 1Q Report'
"CNX has only really been successful unitizing and producing property around their already existing fee-gas acreage (acreage they own the oil and gas).  Their largest fee owned areas are Greene County PA and Marshall County WV.  Their…"
Apr 29
Heidlebergman replied to DSFS's discussion 'EQT paid us $29 for Oil this month????'
"Marcellus NGL do not have a hub price.  Word on the street is that NGL in the Marcellus go for 60-70% maybe up to 80% of the current WTI crude oil price.  60% of $50.00 is $30.00."
Sep 20, 2019

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Introduce Yourself
Hello
What is your role?
N/A
Which state(s) are you following?
West Virginia
What shale plays do you follow?
Marcellus

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At 3:24pm on April 30, 2020, farmgas said…

Hello:  I`m very interested to contact you.  My contact with CNX has been greatly diminished for years without any current knowledge of our lease potential.  I may be able to offer insights to you, and you to me to understand how CNX ticks.  They are a confusing bunch.  This 7 year plan was like a gut kick to me.  Please reply.

 
 
 

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