Question-and-Answer Session
Thank you. [Operators Instructions]. Your first question comes from the line Shneur Gershuni with UBS. Please proceed.
Shneur Gershuni - UBS
Hi. Good morning, guys.
David F. Smith - President and Chief Executive Officer
Hey Shneur.
Matthew D. Cabell - President of Seneca Resources Corporation
Hi Shneur.
Shneur Gershuni - UBS
Just had a question with respect to the Marcellus, we know performance coming out of a year-to-year is favorable in this year?
David F. Smith - President and Chief Executive Officer
Shneur, you are really braking up. We can only one in every four or five words.
Shneur Gershuni - UBS
Sorry. So, can you hear me better now?
David F. Smith - President and Chief Executive Officer
Yes.
Matthew D. Cabell - President of Seneca Resources Corporation
Yes.
Shneur Gershuni - UBS
Okay, great. My comments are with respect to Marcellus, specifically with EOGs talk this favorably as it has for some of its other place. I was wondering if you can comment with respect to your thoughts on the play on being potential horizontal play versus being vertical play and is that potentially a reason why it is attractive to other player like EOG rather than versus you guys and so forth.
Ronald J. Tanski - Treasurer and Principal Financial Officer
You broke up a little there Shneur but I'll respond to the first part of that question, which is we think it's most likely going to be developed as a horizontal play. There maybe areas that lend it South well to a vertical program but I think the majority of the play will be horizontal.
David F. Smith - President and Chief Executive Officer
Shneur, the second part of the question, I think I heard most of it seems to suggest that the implication that EOG has moved ahead with other acreage as opposed to our acreage. That implies that our acreage is favorable as the other acreage. And I just don't think that's true. I think in part EOG was just further along in on the acreage that they recently made the announcement with respect to. That's where they took the rig and they were drilling prior to the drilling with the new rig on the acreage in the AMI. Matt that was.
Shneur Gershuni - UBS
Yeah.
David F. Smith - President and Chief Executive Officer
Did that was your question Shneur?
Shneur Gershuni - UBS
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