Replies to post #9180 on Mesa Offshore Trust (fka MOSH)

[badnews2]

Just one more, for those that really want to understand this stuff. here is good ol nat gas 101!

http://www.api.org/aboutoilgas/upload/UNDERSTANDING_NATURAL_GAS_MARKETS.pdf

[instructmba]

What do you mean... almost had you. I still do because you've avoided answering the real question:

Okay, take the 4.8 from West Delta and 1.5 avg from A-39 and let's add them together as before:

4.8 + 1.5 = 6.3 MMCFPD x 1,000,000 = 6,300,000 x 365 =

2,299,500,000 cf divided by 1000 for your 8.99 Mcf =

2,299,500 x $8.99 = $20,672,505 per year (and going up not down)

So now answer the question from the 10Q we are producing at the well $20,672,505 and so what is our net amount due MOSH?

BCNU
Instructmba