IMHO, ATN will be he ultimate 'King of Marcellus shale'. They have several advantages in addition to legacy location & in-place gathering system (duscussed in the article above)... [built-in capital raising sytem via their long established drilling partnership program which is non-dilutive, REDUCTION IN MARCELLUS VERTICAL WELL DRILL TIME BY 30%,distance premium and BTU premium]. The only negative is thier hedge position, but they may work out from under this as more Marcellus revenue comes on line.
They have the ulitmate advantage of SPPED......they are outdistancing the Range's, & CHK's by putting revenue stream on line very rapidly.
Atlas Energy's 'Sweet Spot' [View article]
They have the ulitmate advantage of SPPED......they are outdistancing the Range's, & CHK's by putting revenue stream on line very rapidly.
crysball