577 mmcf Transportation Vii generation has more transportation than Production. Last quater they produced 511 mmcf of gas, that leave a gap of 66 mmcf or about 21000 boe of gas.
I asked the IR guy about the extra transportation and they said that they buy gas from AECO to fill their spare capacity to Dawn and Chigco. So my question to the board with the price of AECO and many days the spot market is under a dollars.
Does it essentially represent another 21000 boe of production daily, and considering we are in the heating season, the upside could be significant on the value of this transmission space.
What are the thoughts on the board, and what upside value do people think it represents? Was that same value there last quater or is their incremental value that will be recognized this quater.
IMHO