Post by
JamJam123 on Mar 30, 2017 4:22pm
any idea
how big is size of reserve is? no fracking 1.9 mcf i think italy has ng price close to 6 usd... 1.9*6=11.4 million a day 10% =1.4 million from one hole.... do the math
Comment by
gijo333 on Mar 30, 2017 4:46pm
I understand the wellhead price is 6 euro per cubic meter. But I'm not positive. Multiply by .0283 to convert.
Comment by
JamJam123 on Mar 30, 2017 7:18pm
that was wrong 1.98 mmcf = 2000 mmbtu * 6.5 usd /mmbtu = close to 18k cad 10% =1.8 k / day from one hole... 657k from one hole / yr