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instructmba

05/20/08 7:02 PM

#9171 RE: badnews2 #9157

No, I'm saying that a direct quote from the 10Q straight from the Trustee said that A-39 in back into production since last November and it's producing 1 to 2 MMCFPD of gas. Gas is running about $11.00 per MCF so taking the average of 1.5 MMCFPD x 365 = 547.5 MMCF per year. So the math is:

547.5 MMCF x 1,000,000 = 547,500,000 divide by 1000 =

547,500 x $11.00 = $6,022,500 not counting West Delta 61.

BCNU
Instructmba