RE: Flow Rates?I got this in taking tthe last pdf report of the 2 brokers who follow FO.
I have decrease the break even of 10% compare to the number of these reports because in the last FO news release Bruner says that In full production the cost of a shallow well could be as low as 8 millions USD (compare to 10 millions USD forecast in MGI report)
I have also decrease the break even of an another 30% because of they take a price of 6 USD mcf for sell. I am living in Europe and I know that the gas price here is not linked at all with the USA one. It depend on Gasprom Price. The company Gasprom is negociating with Europe to sell at least in the future the gas at 6.5 euros / mcf so it is 9 USD / mcf, so 50 % more that what they take into account in the MGI report.
After taking account everything I have the numbers I said before
Julien