Just going through the presentation on slide 23 the mercury stetson economics. And my math is not corresponding with the results on slide. Have i got my math wrong?
Total Revenue per well based on 2.5BCF :
2.5BCF = 2500000MSCF
2500000MSCF x $4.50 = $11,250,000
2500000MSCF with production of 2MMCFD = 1250 days or 3.4 years of production.
The table on slide 23 states $1.8mil yet the cost of well is $2.6mil.
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