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Current Price Regime (USD $)(Price taken from Songo Songo gas...

  1. 259 Posts.

    Current Price Regime (USD $)
    (Price taken from Songo Songo gas field operators 2007 Q1 Interim Report)

    Volume Sold:
    Gas sold to industial - 301 mmscf (31% increase in last 12 months)
    Gas sold to power - 1,356 mmscf (99% increase in last 12 months)

    Price Obtained:
    Average price per mcf, industrial market - $7.70 (1% increase in last 12 months)
    Average price per mcf, power marker - $2.19 (22% increase in last 12 months).

    mmscf - millions of standard cubic feet
    mscf - thousands of standard cubic feet

    (Reference: Investor's and Advisor's presentation 18 & 19 October).
 
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