Shane,,!!
The condensate"" thingie""is a variable depending on the chemical constituents of the liquid, and there seems to be at least 4-5 diferent classifications..
However ,,, they all are about ball-park same,, for price,, And the formula that will put you in THAT ball-park is ...1 barrel of condensate = .935 of a barrel of oil equivallent..!!
SO ,,,,, it's about .9......[ that's point nine ] of the price of one barrel of oil...!!!
Chand,,,!!
On the C-1 "thingie,""
They have already told us that the bottom zone of C-1 and C-2 are turkeys...!!
So i can only assume that the 1.7 mmcuft/d flow rate is from one of the upper zones...!!
The private American company is the operator, and if they have'nt got additional acreages by now then they never will..!!
We really need Antares to be the operator on any future important wells,,, when you farm down the cost,, you also farm down the control...!!
Good night Fellas..!!
revenue calculations, page-8
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