James Eckert with Tenn has agreed to have lunch with us on Wednesday.
I  don't think we all need to go and I don't need to go either.
He is going to educate us on the VNG contract #47.
The demand charge and  commodity is discounted effective 11/1/2000.
This is what we know about the  contract:  MDQ = 16,373 eff 11/1/2000 The 1st 4723/day that we flow is at a discounted  commodity of $.05 and  discounted demand of $6.08 If we flow more than 4723/day the demand goes to $7.61  What I need to know is exactly how the demand charge will be calculated for  volumes over 4723 day.
What is the demand charge if we flow 6000/day  for November -   is it 141,690 (4723 x 30) @ $6.08 and 38,310 ([6000-4723] x 30) @ $7.61.

Lunch with Tenn