Hey Stocktoe, that nearly made me throw my beer coaster away, but wait.......
You've only used the coal seem gas in your calcs and the wrong ones at that, also 1 MCF is one thousand cubic feet not one million. You make very good points about the gas being unproven and I would add that the shale gas (6.349 TCF) will need to be fracced to extract it. This could be proven to be a very polluting process and if so would not be allowed under last weeks announcement from the UK regulators
Although my $1 value may have been too high in my last post I think the rest of my calcs are right according to EDEs release.
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