Copano's Eckel Encouraged by Signs in Okla. and Rockies

摘要

Copano Energy's chairman and CEO, John Eckel Jr. noted that while the company reported decreased earnings and revenue in Q1, economics were getting closer to encourage production in certain areas. "As we look over the horizon, we are encouraged by the recent significant tightening in the Oklahoma and Rocky Mountain basis differentials compared to Henry Hub pricing and from what we consider to be the generally favorable finding and development costs of our principal producers," he said.