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Post# of 3973
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tr8dervic

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tr8dervic

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Re: Mr. Zen post# 3626

Tuesday, 01/30/2007 1:55:37 AM

Tuesday, January 30, 2007 1:55:37 AM

Post# of 3973
What is the pricing? Any hedges? All at spot price?

If no hedges and spot avg is $7.00 per mcf then 9.0 MMcf per day would be $63,000 per day gross revenue.

(9,000 Mcf x 7 = 63,000).

Multiply that by # days per quarter/year to get revenue per Q or Year.

Profits will depend on $ spent to find current reserves.

Vic
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