Im sorry the Youth,
At this stage I dont have anything more to dazzle you with...
I've been looking around the net and I can't find any frame work to punch numbers into... What I came up with previously was from my own Finance notes...
Don't quote me, If I remember correctly... 70% of the deals in the oil industry in the US over the last couple of years have come from shale gas... the average deal price per MCF is around $1-2 per mcf, closer to 1 id say...
If NWE could prove up a resource and get anywhere near these deals, then we have a 1 billion dollar deal waiting to happen...$1mcf= $1billion per tcf...
1 TCF could power the average family vehicle around the earth 10 million times...
NWE probably have more than 1 TCF...
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- ctp jv valued at $12-$15 per acre
Im sorry the Youth,At this stage I dont have anything more to...
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