That is the part which I'm not too sure....Just thought the price per mcf in the announcement is too high (and to take a more conservative stance) and also announcement stated clearly (415mcf for LNG). Not sure how they get over $5 per mcf. Contracts? Plus the LNG price is based on the market figure from the following link
http://oilprice.com/commodity-price-charts?1&page=chart&sym=NGN12
Maybe someone with better knowledge can confirm this?
If $5 per mcf (and incl Sat & Sun) EVEN better!!!
$9300 per week
$278,000 per month!!!
:0 :0 :0 :0 :0
joann #1 revenue from well #3, page-5
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