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forget the majors, page-13

  1. Riglife
    3,425 Posts.
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    28/10/09
    00:04
    Post #: 5839338
    Actually, CVX-XOM-Shell (50:25:25 %'s) together, have sold a total of 12.375 Ttcf gas for apprx. A$219 billion!!


    You sure that is correct YA......gas is presently trading at around $5.00 per thousand cubic feet.

    Meaning 12.375 Tcf is worth about 60 Billion not 219 Billion
    MEO Price at posting: 58.5¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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