The Natural Gas Market—Poised for An Explosion (NAPSA)—It’s been said that the relationship between supply and demand is what makes markets—and many investors believe that an example of that relationship can be observed in the natural 4 a Si < Oy Many experts contend that natural gas—becauseofits versatility, ease of production and minimal impact on the environment— should be thought of as the cleanburningfuel of choice in the U.S. At the same time, a number of industry insiders say we may soon face a natural gas shortage that could result in price increases. Consider the following: At last count, 65 percent of homes in the U.S. heat using natural gas. The U.S. Energy Secretary’s oil and gas advisory committee recently forecast that natural gas use could grow by about 30 percent in the next 10 years. In addition, there has been clean air legislation that establishes natural gas as the “fuel of choice,” decreased deliverability from the U.S. Gulf of Mexico, decreased deliverability of Canadian imports and reduced domestic production. As a result, many investors are looking for companies that have a track record in developing low-cost, alternative sources of natural gas, such as coal bed methane—CBM. There are still significant coal deposits in this country, many of which contain reservoirs of CBM waiting to be tapped. Some might even argue that CBM is one of the few domestic energy resources still in development. Plus, CBM wells typically offer low-cost production Of particular interest to some investors seeking an energy play are what are described as junior N gas arena. The law of supply and demand may soon make for some interesting investment opportunities in the natural gas sector. resource companies—companies that still present opportunities for growth—that have experience developing CBM resources, the capacity to bring added production online and that are willing to use the profits from successful wells to fuel their own growth. One such company may be Lexington Resources, Inc. The company’s management has set up a comprehensive drill and development program designed to expand company participation in someof the most productive areas ofthe U.S. The company plans to seek out knownreserves and looks to drill quickly—using environmentally suitable methods—at very low cost. If successful, this approach may strengthen cash flow and add to an already escalating asset base, which in turn could give the company access to other coal bed methane opportunities. Lexington Resources, Ine. trades in the over-the-counter market under the symbol LXRS. To learn more, visit the Web site
