Based on that and given what the estimates are and
1. Using the bottom end of 6.2 BCF gas per well on a P50 basis
2. Taking into account the cost of a well and take a median between the 20 and 15 mill = 17.5 mill and
3. Using the median cost of between $2 and $3 per mscf
I get lost after this....what sort of earnings per well does that yield at the spot price as it now stands?
Gas is good, fight woke propaganda with facts., page-36
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