I posted these numbers a while ago. Take them with a grain of salt as gold is more my thing but with google you can work out most things these days.
The gas prices on the East Coast fluctuates but have reached upwards of $12/gj.
The entire PEP11 tenement is prospective for 6TCF.
1. 6TCF is equal to 6,000 petajoules
2. 6,000 petajoules equal 6Biln gigajoules
3. 6Biln gigajoules of gas sold at $5 per GL is a $30Biln value.
If they found 6TCF of gas and sold it at less than half the market price it would be $30Bn in revenues.
Mind boggling.
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