For those who might be interested... ran some back of the envelope numbers on March quarter production (hope these are correct) and the effect of commodity prices on the $ received per BOE.
Oil $5 movement = $1.59
Gas $1 movement = $2.34
Nat Gas Liquids $2.5 movement = $0.71
Eg. if the average received per BOE was $42 for the March quarter (didnt check what i actually was) and Nat Gas moved by $1, then average per BOE would increase by $2.34 (assuming everything else stayed the same)
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