This may be completely wrong
Table 1
Summary of Net Gas Reserves for ER 271 Gas Field Development Project (Net - 49%) PUD of 1605.5MMCF
So 1605.5 x 1050(BTUs per cubic foot) x $9.50(MOU agreement)
Value $16,014,862.50
Not a bad start for 0.2% of rights
Ann: Maiden Gas Reserves and Resource Report, page-2
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