Sentences with phrase «best mcf»
This is the best MCF ever!
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If prices return above $ 4 or $ 5 per Mcf during the next year, the acquisition could turn out very well for MFC.
Certainly the long term viability of natural gas will be a function of price as well as decline curves, and it certainly isn't a real resource at $ 2.31 / Mcf (today's price).
Jerry's model indicates that no New York Marcellus shale gas wells would pay for themselves (break even) at less than $ 8 mcf (which is roughly equivalent to $ 8 per million Btus) To put that price into perspective, coal is forecast to be $ 4 MBtu out until at least 2040.