IVZ 1.45% 7.0¢ invictus energy ltd

PAC value at $0.77 per share, page-57

  1. 1,242 Posts.
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    If you are asking for energyequivalency, a commonly used factor in the oil industry is 1 barrel of oil =6,000 cubic feet of natural gas.


    Therefore, 1 TCF of natural gaswould equal 170 million barrels of oil, approximately.

    IF Mukuyu is claimed to hold 225million boe atm…. (as seen in chart above ?) then IVZ's Mukuyu field = 1.32 Tcf atm !!


    What's the BOE equivalent of 1 trillion cubic feet (TCF) ofGas

    https://www.quora.com/Whats-the-BOE-equivalent-of-1-trillion-cubic-feet-TCF-of-natural-gas#:~:text=If%20you%20are%20asking%20for,million%20barrels%20of%20oil%2C%20approximately.



    1 Trillion cubic feet (1Tcf) is a measurement of natural gas used by the U.S. oil and gas industry, equal to about one quadrillion British thermal units.




    https://www.investopedia.com/terms/t/trillion-cubic-feet.asp
 
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