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Mcf Energy Ltd V.MCF

Alternate Symbol(s):  MCFNF

MCF Energy Ltd. is a Canada-based junior resource company. The Company is engaged in the identification, and the exploration and development, of both proven and unproven reserves via drilling and/or acquisition with a focus on the European oil and gas sector. The Company has secured interests in several significant natural gas exploration projects in Austria and Germany with additional concession applications pending. It is also evaluating additional opportunities throughout Europe. The Company is involved in the development of a natural gas industry as a transition to renewable energy sources.


TSXV:MCF - Post by User

Post by practicalguyon Nov 02, 2024 11:28am
93 Views
Post# 36293587

European Natural Gas Price

European Natural Gas Price

The European natural gas price is currently at one year highs of $13.50 USD per mmbtu in comparison to $2.66 per mmbtu in the US. 


There are ill informed posters who ignore that the area where MCF is operating get higher than the $13.50 price, or 500% higher than the low US "natty gas" price the ill informed poster keeps quoting. 


European natural gas prices may spike much higher because the natural gas pipeline agreement between Russia and the Ukraine to transport Russian gas to Europe expires in December. Russia quietly still supplies 18% of Europe's natural gas. 


Probably best to ignore posters whe incessantly and incorrectly blather on about "low natty gas prices". 

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