TAG Oil Ltd (TAOIF)

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I use: 1000 cubic ft of gas per day = $7

So 5 million cubic ft of gas per day is = 5000 X $7

Mutiply that by 365 days you get $12,775,000.00

I gigure over time the well will frop in production from &.2 million cuft per day to aroound 3.5 million.

I am just trying to be conservative.

I am not using the BOE calculation,.. but the GAS calculation.