unprecedented interest in sa’s unconventional , page-10

miner64

my attempt to model sa cashflow below;

NYMEX = $3.648/MMBTU

1 unit of MMBTU = 1000 cubic feet

3.648 * 600 = 2188/day (around 800,000) per year if price is similar to nymex.

not much... but it is early days and expanding. also natgas is at historical lows with a bounce expected shortly. SA sounds unique and exciting to me. if we prove it is a commercial and renewable hydrocarbon we'll be on the radar of some majors.