05.07.2009

To start the well drilling process by removing rock, dirt and other sedimentary material with the drill bit

Date that drilling begins

The price for a one–time open market transaction for immediate delivery of the gas

Spot price pools are neutral, independent exchanges set up to facilitate rapid fair-value transactions among groups of energy producers and consumers. They function similarly to spot markets, typically accepting price bids no more than a day in advance for delivery periods typically under an hour in length, and transacting energy at market clearing prices or highest bid prices. Spot price pools differ from spot markets in that they act as a cooperative service and may even be mandatory in some markets