MAE 0.00% 0.0¢ marion energy limited

marion's producation data until dec 08', page-3

  1. 8,606 Posts.
    IMO,

    Based on the reporting of 311,809mcf on the website mentioned, the table notes define that everything is reported in Thousand cubic feet. It needs to be read properly and calculated iof one wishes to view the results in "mmcf - Million cubic feet". Heres how to do it fairly simply and its easy to get automatically with a couple of tries.




    KEY:

    1mcf is a representation for 1 Thousand cubic feet...
    (mcf, not mmcf - note the single "m")

    Then 1000mcf is 1 Million cubic feet
    (mmcf, not mcf - note the extra "m")

    Note that 1000mcf = 1mmcf.







    On that basis

    1,809mcf, it stands for 1 Million and 800 Thousand cubic ft
    OR 1,809mcf = 1.809mmcf (1.809 Million cubic feet)



    So using the figure of 311,809Thousand cubic feet reported by our wells above, then that can also be represented as 311million and 809Thousand cubic feet.

    Ie, 311,809mcf is equal to 311.809Million cubic feet.





    The market reporting requires a Per tThousand cf representation and so when viewing the tables one must move the decimal point accross to the left 3 spaces to taylor/adjust the reporting so as account for Million cf.
 
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