GGE 0.00% 0.4¢ grand gulf energy limited

sonlite report, page-10

  1. 147 Posts.
    http://www.asx.com.au/asxpdf/20110523/pdf/41ysmnwhy1kk7x.pdf

    "The high permeability and porosity of the sands indicate potential flow rates of over 4,000 mcfgd in the D&L #3 well resulting in significant cash flow generation."

    Bottom of the page.

    http://www.oilnergy.com/1gnymex.htm

    Price for 1 mmbtu is around $4.

    http://www.natgas.info/html/natgasunitsconversion.html

    Bottom table. Shows 1Mcf = 1MMBtu

    Therefore 1Mcf sells for around $4.

    What else is "SUSS" with my calcs?

 
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