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Message: Re: Napkin math time
1
Nov 02, 2007 04:28AM

Hi all,

Inline with my esimates, but LK why are we using 1,000 MCF? 

Conservative calcuations we would use 966 MCF, which is intial production reported that will most likely fall off. Or you can use BOE/day, so 966,000/6000= 161 BOE Gross.

 The rest of your math looks pretty good. Thanks for the "NMT"

Arnold 1-3 should have the same results

Cash flow is building and Italy is getting closer. Pick up all you can down here

 Cheers,

cvac01

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Nov 02, 2007 08:42AM
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