Pieridae Energy Ltd T.PEA

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[1rockit]

Could someone please help me out on the % of hedged production going forward. This type of thing isn't my best suit. If you could just break it down like 70% or 35% going forward. Or even better maybe 10% hedged going forward. Anyways thanks I appreciate it. Cheers

[ppp]

Fixed-price natural gas contracts for 68,596 GJ/d (gigajoules per day) are in place at a weighted-average price of $2.64/GJ over a term of 12 months as of March 31, 2022 We have to convert GJ to cubic ft.1.06 GJ is 1000 Cubic ft. then divide by 6000 to get bbls 6000CF = 1bbl. So 68596 GJ = 72711 CF  divide by 6000 to get bbls is 12000 bbls a day.  Pieridae's realized condensate

[ppp]

Soory that should read  We have to convert GJ to cubic ft.1.06 GJ is 1 Cubic ft. then divide by 6000 to get bbls 6000CF = 1bbl.

[ppp]

1.06 GJ is a 1000 CF so it was correct the first post.

[ppp]

Better yet use this calculator. https://www.kylesconverter.com/energy,-work,-and-heat/gigajoules-to-barrels-of-oil-equivalent

[Maxmoe]

I've given up long ago trying to calculate equivalence of our stupid attempt at metrification of energy markets. I'm stuck at barrels of oil. I mean wtf is a barrel and how does one even buy one today, but that's the standard. Nat gas is mcf period. I wouldn't know a gigajoule if I tripped over it. American investors will absolutely not be bothered doing math so if pea or anyone

[Maxmoe]

Ever heard of DYODD? Try their website and sedar.