Monday, June 03, 2024 10:26:25 AM
Large amounts of LNG revenue are not possible for at least a year or more. It appears that Kerogen is not an active operator at this time and has no producing wells. According to Marcellusgas.org it will take an average of 357 days to permit, drill and produce a gas well. If Kerogen started today, any contributions of LNG revenue is at least a year away. An alternative to company owned production is to purchase gas from 3rd parties, but that would drastically reduce any profit margins.
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