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Hi EyeoftheTiger, In the gas business,Resources = gas volume at...

  1. OldGeo
    1,564 Posts.
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    10/02/23
    09:32
    Post #: 66172788
    Hi EyeoftheTiger,
    In the gas business,
    • Resources = gas volume at the surface.
    • Gas in place = gas volume in the ground.

    Two questions for you;
    1. Can you please point out where the gas resource calculations in my post are farcical?
    2. Can you please explain by Hancock Energy prepared to pay over $400 million for 195 BCF of gas in the South Erregulla gas field?

    Kind regards OldGeo
    NWE Price at posting: 6.9¢ Sentiment: Buy Disclosure: Held
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