RE: RE: RE: 2% gas ? 1. Oil & Gas Division
Three months ended Nine months ended
September 30 September 30
% %
OIL & GAS OPERATIONS 2011, 3rd quarter.
Production
Oil and NGL’s – bbls per day 2,112
Gas – mcf per day 16,655
Total BOE3 per day 4,888
Average Pricing
Oil & NGL ($/Bbl) after hedging $78.70
Natural Gas ($/mcf) after hedging $4.05
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Based on these figures natural gas would account for 20% of revenues. Perhaps the 2% was a typo.