Yes thats right Buckland. BOE (Barrel of oil equivalent) is...

Yes thats right Buckland. BOE (Barrel of oil equivalent) is different to BO (barrel of oil). They are not saying they got 1038 barrels of oil, they are saying the combined oil and gas has the equivalent energy of 1038 barrels of oil. It could be 98 barrels of oil and 6 Mcf to give 1038 BOE. If that was the breakdown they would get 98*91 + 6*4.58 = $8672 only. (1 BOE gas ~ 6kcf) So it doesn't really tell you a great deal about the revenue without the gas/oil breakdown.