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3.13% 16.5¢ carnarvon energy limited

Iory, 6,000 scf gas equals 1 barrel of oil. And 1.069 barrels of...

  1. Cosmoterios
    18,677 Posts.
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    19/10/16
    11:37
    Post #: 19964465
    Iory,

    6,000 scf gas equals 1 barrel of oil.

    And 1.069 barrels of condensate equals 1 barrel of oil.

    So 51.2M scf of gas divide by 6,000, equals 8,533 barrels of oil.

    And 2,943/1.069 equals 2,753 barrels of oil.

    Which totals 11,286 (8,533+2753) barrels of oil equivalent.
    CVN Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 10  Upvote
    lightbulb Created with Sketch.  Great analysis
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