RE: RE: $$ per flowing barrel of oil equivalent I've done another round and still come out below your figure of $142,986/flowing BOE per day. It appears you've allowed no value at all for the dry gas production (?). I calculated the value of the gas at its economic value rather than its energy value by multiplying the gas mmcf/day by it's value at $2.50/mmcf and then divided that as if 1 barrel of oil was worth $100. I valued the oil and liquids as if it was all oil.
Oil and liquids 14,572/day (11,755 + 2817)
gas @2.50mmcf = 2,283.5 boe/d (91.34mmcf x $ 2.50/mmcf = $228350 / $100/br oil)
16,855.5 boe/d
1.9 bil / 16,855.5 boe/day = $112,723 per flowing boe/d
I took the figures I used from here: https://www.marketwire.com/press-release/nal-energy-corporation-reports-fourth-quarter-and-year-end-2011-results-tsx-nae-1629362.htm