04-16-2013, 10:21 PM
I was at the meeting. Wayne simply referenced wall street analysts' $0.80-$1.20/mcf price estimates for similar transactions in the area, this was not the company's view. He was specifically asked if all the bids were over 60c/mcf and he responded "no comment". Wayne has looked/sounded very confident that last two IPAA meetings. I try not to read too much into it, but his attitude tells me things are moving along in an acceptable fashion.