Natural Gas Inventory Report 2-14-08

Working gas in storage was 1,942 Bcf as of Friday, February 8, 2008, according to EIA estimates. This represents a net decline of 120 Bcf from the previous week. Stocks were 183 Bcf less than last year at this time and 109 Bcf above the 5-year average of 1,833 Bcf. In the East Region, stocks were 71 Bcf above the 5-year average following net withdrawals of 66 Bcf. Stocks in the Producing Region were 72 Bcf above the 5-year average of 571 Bcf after a net withdrawal of 27 Bcf. Stocks in the West Region were 34 Bcf below the 5-year average after a net drawdown of 27 Bcf. At 1,942 Bcf, total working gas is within the 5-year historical range.

Natural Gas prices are poised to test the highs set in November 2007.

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Bullish natural gas inventory data has helped to propel shares of CHK above the 50 day moving average.

Natural Gas Inventory Report 2-07-08

Working gas in storage was 2,062 Bcf as of Friday, February 1, 2008, according to EIA estimates. This represents a net decline of 200 Bcf from the previous week. Stocks were 317 Bcf less than last year at this time and 62 Bcf above the 5-year average of 2,000 Bcf. In the East Region, stocks were 32 Bcf above the 5-year average following net withdrawals of 119 Bcf. Stocks in the Producing Region were 54 Bcf above the 5-year average of 616 Bcf after a net withdrawal of 50 Bcf. Stocks in the West Region were 25 Bcf below the 5-year average after a net drawdown of 31 Bcf. At 2,062 Bcf, total working gas is within the 5-year historical range.