You don't think gas prices at half of what they are now had anything to do with the problems and water disposal costs high? Was that just smoke?
Seemed to be traveling OK when gas was $12mcf pre GFC. IMHO
Lots of companies in this high risk space haven't been able to get money. Its not unique to Marion. They have managed to breathe life into it now with the debt right off and funding, even though that may only be temporary if gas doesn't flow now.
It took much longer than planned to pump the water off after a long close in of the wells.
You don't think technical issues where at the heart of the problem?
I only hope the technical problems have been solved!
MAE Price at posting:
0.6¢ Sentiment: Hold Disclosure: Held