STX 3.95% 18.3¢ strike energy limited

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  1. 503 Posts.
    lightbulb Created with Sketch. 88
    5tcf = 5mil tj

    1 tj = 1000 GJ

    1000gj @ ONLY 50c = $500

    5mil X $500 = $2.5 billion

    @50c that represents only a 5% net return on a $10GJ wholesale price.

    So at $2 and a 20% net return would equal $10billion minus 33%.

    I am no oil gas expert so feel free to correct my figures .
    Last edited by max99: 15/07/18
 
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