RE:RE:From press releaseThe energy equivalence is 1mmcf = 1boe (at 6:1 ratio) but some of the raw gas will have NGLs drop out of it at the processing plant in addition to the lease condensate that is separated at the wellhead. Prices for NGLs as a % of MSW are better than they were the last two years, looking at https://www.arcenergyinstitute.com/wp-content/uploads/220221-Energy-Charts.pdf butane is roughly 70% of oil price and propane 50%.
With AECO around $5 and condensate at ~$90/b and these wells coming on at under $6M: 2022 could be their year.