I'm hesitant to post this - I googled 'Dome Petroleum Resouces Limited' and this is from 2006 - but since the question has been asked here goes:
POTENTIAL RESOURCES
PL-231: Reids Dome Beds: Estimated potential recoverable resource of 526 BCF with a gross value of US$2.6 billion (based on a well head price of US$5 per MCF)
PL-231: Cattle Creek Formation: Estimated resource of 30 BCF with a gross value of US$150m (on the aforementioned assumption)
PLEASE NOTE
The estimates above are bases on "a well head price of US$5.00 per MCF"
The well head price is the price less transportation costs charged by the producer for petroleum or natural gas.
The current price of gas is closer to US$3.00 per MCF
My estimates are US$1.56 billion and US$90 million
PLEASE PLEASE PLEASE This is all IMHO and PLEASE PLEASE PLEASE DYOR
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