06-05-2013, 03:12 AM
Market is currently expecting $0.60 cents. Respectfully, all the talk of big $/mcf values are impossible. The numbers required to get NPV's over $2/mcf are fantasy land. To be clear I am talking after 30% tax, net of gov 't take, and with very realistic production start dates.
$1 to $1.2 to $1.50/mcf for first train and reserves booked this year make this a perfect analog to OSH...and a double from here.
$1 to $1.2 to $1.50/mcf for first train and reserves booked this year make this a perfect analog to OSH...and a double from here.