Tue Oct 22 09:57:00 CDT 2013
-- New Brunswick: Corridor locks in high gas sales netbacks
Corridor Resources Inc., Halifax, NS, operator of McCully gas field in New Brunswick, said it has entered into a forward sale agreement from Nov. 1, 2013, to Mar. 31, 2014, for an average of 3,000 MMbtu/day equating to 2.8 MMscfd of gas at an average of $9.03/MMbtu (US) and an estimated netback of $6.50/Mscf (Can.).