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  1. Red Baron
    4,081 Posts.
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    01/06/08
    13:03
    Post #: 3797401
    I see BG's offer on Origin's CSG is 80-90c a gigajoule for 3P. Petronas price for Santos' 3P equates to $1.65 a gigajoule.

    I think (haven't rechecked) a gigajoule = approx 1bcf

    These prices being paid for 3P seem very high, I'd like to know what it equates to for 1P or 2P.

    http://business.theage.com.au/coal-seam-gas-ignites-26-billion-asian-deal-20080529-2jkd.html?page=1
    MAE Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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