AKK
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0.00% 0.3¢ austin exploration limited

strong oil & gas flows continue in colorado , page-21

  1. cashngrab
    6,044 Posts.
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    07/03/13
    09:45
    Post #: 11507658

    Do the maths

    1.5 million x 5,000 per day

    The well flowed at 1.5 Million standard cubic feet at a 24 hour rate. At today’s current NYMEX natural gas price of USD$3.51 MMbtu this equates to approximately $5,000 per day to the 100% interest.

    Royalties, transportation and processing costs are deducted from this figure.
    AKK Price at posting: 2.4¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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