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whichever

06/11/07 9:12 AM

#24563 RE: boli #24561

350,000 cubic feet of gas per day? Is this a misprint? 350,000 X 6.80 = $2,380,0000
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AlanK

06/11/07 9:19 AM

#24572 RE: boli #24561

Nobody so far seems to know what AMEP will get for the gas.

A lowball stab of $5/thousand would give $1750/day.

Bear in mind I don't know the price either (!), but with this assumption and the oil that's $70K/month; ~$850K/year.

I think my assumption is way low, and bear in mind the gas flow should increase as the mud and loose sand is gotten rid of.