expanded portfolio

This is the way I see today’s announcement:

5,700 Square Miles and within that area, fingers crossed, we may pick up 2.4 TCF – based on historical performance of area.

At current natural gas price of say $7.80 per MCF

1MCF = 1,000 CF
1TCF = 1,000,000,000,000 CF

1MCF = $7.80

(2.4 x (1,000,000,000,000/1,000) x $7.80)

Potential revenue for JV - $18.72 Billion!!! (What the ...)

Pinch me someone, I think I am dreaming.

Does anyone else see this? Or am I just filled with hot air? (hehe – pardon the pun)

And what about the additional 8 Million Barrels of Oil?

Is their anyone out there who still reads company announcements?

I do and I am …..