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Gold/Mining/Energy : KOB.TO - East Lost Hills & GSJB joint venture
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To: Check who wrote (514)12/7/1998 5:27:00 AM
From: Bearcatbob  Read Replies (1) of 15703
 
Check, My memory of long ago and far away is that a barre of crude is 6 million BTUs and a MCF is a million BTUs at 1000 BTUS per CF. Therefore 6MCF is the thermal exquivalent of a barrel of oil. Also, at 2.00 dollar per mcf 6 mcf is worth 12 dollar.

I think that 10MCF is an outdated BOE in todays economic environment.

Bob
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