We do sell at spot but the wells themselves are valued over a 35 year life. One method that is used (I use it myself) to provide forecast energy prices is to use the futures curve. The futures contracts currently end at 2033 so beyond that the long term average is used. LT average is currently around $57
Banter and General Comments .. BRK, page-6555
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Last
1.2¢ |
Change
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Mkt cap ! $57.17M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $109.9K | 9.155M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 10848681 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 22910913 | 18 |
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