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MCF

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MCF
ISO 4217 code for the Monegasque franc. It was pegged to the French franc at par and the two currencies circulated alongside each other in Monaco, France and Andorra. The euro replaced the franc in 2002.


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If explorations revealed the project was economically feasible, the BP will spend $ 8-10 billion to develop the field to increase gas production from 330 mcf per day to 1000,000,000 mcf.
10 differential - that difference is the transportation for the cost per mcf to get the gas from Edmonton to New York.
MCF has begun negotiations on the terms of a possible plan of reorganization with its secured lenders and the official unsecured creditors committee.
 
 
 
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