MEL 33.3% 0.4¢ metgasco ltd

Ann: Vali and Odin on schedule for first gas, page-9

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  1. 2,817 Posts.
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    Hi Mechanic, the AGL contract works out to be 3.55 PJ per year. However, that refers to the processed gas (after removing around 20% of impurities, CO2 mainly).

    My back of envelope calculation shows that it works out to be around 12TJ of gas per day. I remember they were targeting 12TJ per day from three Vali wells. Anyone can correct me if I am wrong. Obviously, Odin is not included with the AGL contract.

    =12TJ*365= 4.38 PJ

    Less %20
    gives 3.5PJ.


 
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