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with the maybe catagory 3 storm coming into the gulf--it should be good for epex--they do all on shore. so they benefit from higher prices and do not have to worry about storm damage on any off shore rigs--jmo--Edge Petroleum Corporation, an independent oil and natural gas company, engages in the exploration, development, acquisition, and production of crude oil and natural gas properties in the United States. The company conducts its operations along the onshore United States Gulf Coast, primarily in Texas, Mississippi, New Mexico, south Louisiana, Michigan, Alabama, and Arkansas. As of December 31, 2007, its net proved reserves were 163.5 billion cubic feet equivalent, comprised of 116.6 billion cubic feet of natural gas, 4.8 million barrels of natural gas liquids, and 3.0 million barrels of crude oil and condensate. The company was founded in 1983 and is based in Houston, Texas __________________
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posted
also on EPEX-also read the back news--there is a buyout--no price yet--but talk is around 8.00 on yahoo board
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EPEX--every day they take it down on low volume--then way up late in the day--shorts trying to cover before the buyout--jmho
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