CTP central petroleum limited
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acquisition of oil & gas assets, page-59

  1. avemaria
    1,082 Posts.
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    19/02/14
    01:03
    Post #: 12953963
    Stockrocker
    1 BCF, = 1 billion cubic feet, = 1 million MMBTU*. 1 TCF, = 1 trillion cubic feet, = 1000 BCF. 1 gigajoule, = 0.9478 MMBTU

    If $5-7 / Gj then 3 Bcf

    3 million MMBTU * 0.9478 = 2,843,400 * $5 = $14.217 million
    $7 = $19.904 million
    Not sure if that is correct though just had a stab at it!
    CTP Price at posting: 38.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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