We need to see greater predictability and certainty before the stock would look attractive again. I think earnings estimates are going to come down substantially this year and probably next year if, in fact, they...

Despite the decline in North American natural gas prices during the quarter, people generally are more positive about the medium-term outlook.

It wasn’t going to be a big addition anyway, I suspect. It’s not an area where the geological setting is large.

One of these numbers is going to be a peak. I don’t think it’s $520,000 (the BP deal), but I’d be surprised if it was over $700,000.

I’m surprised, but the script that built up to Friday’s bombshell was fairly logical. The things that were happening indicated a more serious situation than management suggested.