NBL Texas, LLC: announcements explained, share price

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

3 Oct 2006drilling progress report● Neutral

Ahead of an October 5, 2006 conference presentation, the company reaffirmed its 2006 production goal of an average 105 MMcfe/day (including 4 MMcfe/day of non-consent properties) and capital spending of $190 million. It estimated costs at $2.54 per mcfe.

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