drilling completed, page-21

Mick

See link for definition of wet gas

http://en.wikipedia.org/wiki/Wet_gas

As you will see the term "wet gas" gives no clue to the proportion of hydrocarbons produced.

Further each component has a different price.

suffice to say my post has demonstrated that the least expensive portion of the wet gas mix (and usually the greatest proportion of the mix) just doubled in price and therefore the economics of the well would now be significantly better than what the company have been suggesting.

I personally would be looking toward the $7 mark