Majors Have Big Dollars To Fund Takeovers - GoMarcellusShale.com2024-03-28T10:35:38Zhttps://gomarcellusshale.com/forum/topics/majors-have-big-dollars-to-fund-takeovers?groupUrl=trumbullcountyoh&commentId=2274639%3AComment%3A705376&x=1&feed=yes&xn_auth=noA lot of Jing is one half of…tag:gomarcellusshale.com,2015-11-14:2274639:Comment:7053762015-11-14T00:26:04.089ZJoseph-Ohiohttps://gomarcellusshale.com/profile/JosephEPowell
<p>A lot of Jing is one half of one Trillion dollars.</p>
<p>One half of one Trillion = 500 Billion = 500,000,000,000</p>
<p>1 Billion = 1,000 Million = 1,000,000,000</p>
<p>@ $10k per leased acre ($10,000.00 per leased acre) it would take :</p>
<p>$1,000,000.00 (one million dollars) to transfer 100 (one hundred) leased acres </p>
<p>$10,000,000.00 (ten million dollars) to transfer 1000 (one thousand) leased acres</p>
<p>$100,000,000.00 (one hundred million dollars) to transfer 10,000 (ten…</p>
<p>A lot of Jing is one half of one Trillion dollars.</p>
<p>One half of one Trillion = 500 Billion = 500,000,000,000</p>
<p>1 Billion = 1,000 Million = 1,000,000,000</p>
<p>@ $10k per leased acre ($10,000.00 per leased acre) it would take :</p>
<p>$1,000,000.00 (one million dollars) to transfer 100 (one hundred) leased acres </p>
<p>$10,000,000.00 (ten million dollars) to transfer 1000 (one thousand) leased acres</p>
<p>$100,000,000.00 (one hundred million dollars) to transfer 10,000 (ten thousand) leased acres</p>
<p>$1,000,000,000.00 (one billion dollars) to transfer 100,000 (one hundred thousand) leased acres </p>
<p>$10,000,000,000.00 (ten billion dollars) to transfer 1,000,000 (one million) leased acres</p>
<p>$100,000,000,000.00 (one hundred billion dollars to transfer 10,000,000 (ten million) leased acres</p>
<p>However, when they buy, they may also have to buy other things - like debt, equipment, tools, owned real estate / whatever they have to sell - unless the deal is for only leases.</p>
<p>So, bottom line is a half trillion is a lot of Jing but it seems to me to take a lot of Jing to be involved in the oil and gas business.</p>