RE: RE: RE: RE: RE: numbers|?//////////// 1tcf=I don't know why people stray so far from the basic analysis that Moriarty already did on TCF in his May article.
Moriarty concludes that TCF could have about 3.46 tcf as their share alone.
From the few news items that have been released this summer we know that the gas content of the wells so far exceeds these rough estimates. Conservatively, I would guess the total resource due to TCF's 26% interest is in the 4tcf area,,
What I've looked around for and haven't been able to find is a rough estimate of the percentage of gas in place that is recoverable. If it's 25% recoverable then TCF.v would have 1tcf reserve. Using a conservative valuation of the recoverable gas in ground of say 50 cents per kcf then 1tcf recoverable reserve would be worth $500 million versus our present market cap of less than $30 million.