Oel have said that gas is being produced at around 10 14 mmscf per day.
In a previous announcement the selling price is between $7-$8US per G/j.
gigajoule =Mcf (thousand cubic feet of natural gas at 1000 Btu per cubic foot)
If 12mmscf per day are being sold at US$7.50=US$90,000
Oel share @35% = US$31,500 less processing charges so say somewhere around US$930,000 per month- not bad with potential to increase.
A great passive income stream. Onward and upward!
IMO DYOR
PS Boysy- I understand your frustration, no offence taken - move on.
Oel have said that gas is being produced at around 10 14 mmscf...
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