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If we are only get .10Tcf for future discoveries outside of 237

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If we are only get .10Tcf for future discoveries outside of 237
Optionray Offline
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#1
12-11-2013, 08:38 AM (This post was last modified: 12-11-2013, 08:39 AM by Optionray.)

Are we paying for any of the drilling costs?  Also,  If we find an extra 10Tcf, do we get the .10tcf plus 30% of the gas?

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strategyguy536 Offline
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#2
12-11-2013, 09:25 AM

'Optionray' pid='33885' datel Wrote:

Are we paying for any of the drilling costs?  Also,  If we find an extra 10Tcf, do we get the .10tcf plus 30% of the gas?

Good question.  See my questions in my post of a few minutes ago, which are a little different.  I'd like answers to all.  We are all trying to get our arms around this deal by sorting out the details and then putting numbers to them.  Right now I feel we are measuring a mud puddle with a micrometer.  Nail both assumptions and inputs and we get a reasonable range of outputs.  A "Tilson killer," BTW.

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jft310 Offline
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#3
12-11-2013, 09:44 AM

The LNG deal in detail has not been released nor has the farm out agreement . I think that's because their are names in those agreements not public yet. Think OSH type .The deal we know about is for E/A only and communicating finds. Hession is not giving away future finds go gas at 10 cents per mcf . Geez

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