MAE marion energy limited

changing dynamics, page-4

  1. 3,503 Posts.
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    KK, i think it is you that may have it wrong this time my friend

    8mmcf x $4,000 (assuming $4 per mmcf) x 365 = $11,680,000

    8mmcf x $4,700 (current price per mmcf $4.70) = $13,724,000

    gas prices are expected to increase to $5, $6 even $8. They have bee this high previously.

    now,

    20mmcf x $4,000 (assuming a base price) = $29,200,000 p.a.
 
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