TSXV:PAN.H - Post by User
Comment by
Xtreme131on Apr 25, 2008 3:20pm
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Post# 15010708
RE: Question to the board
RE: Question to the board
1000 cubic meters (known as a Dec) of NG is equal to 35,000 cubic feet (35 mcf)
So 100,000 cubic meters equals 3,500 mcf or 3.5 million cubic feet (current NYMEX price for natural gas is ~$11.00 per mcf). Your net take of that price depends on how much is costs to extract NG from the ground (Drilling, Completion, Compression, etc). Hope that helped
Good luck!