QGC queensland gas company limited

valuation of their gas

  1. Marque
    289 Posts.
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    08/02/06
    12:25
    Post #: 1363024
    They say they have 9,000 BCF of gas.

    Current natural gas spot price is $8.35 USD per MMBtu.
    1 MMBtu = 1,000 CF
    Therefore, 9000 BCF = 9 billion MMBtu = $75 billion USD.
    The 2p resource is 450 BCF. This equates to $3.8 billion USD.
    QGC Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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