VIL 0.00% 1.6¢ verus investments limited

nice update ann, page-38

  1. 961 Posts.
    Ya,

    interested bystander on Fausse Point

    BUT - Jumonville never increased flow rates on either well.
    It started bad and got worse.

    I am not saying that will be the case here.


    Also,
    referring to Wobblyboots figures
    1.8mmcfd using $3 per Gj = $5,400usd per day
    $3 per Gj is generous for North America

    As for required ROI on an drill in Nth America, a good benchmark is 1,000bopd.
    This is just a pass - for good returns you need 2,000bopd
    The number are easy to work out:
    Days in the year
    bopd
    poo
    drill cost
    WI
    number of shares

    If you don't know the 6 terms above - learn them before investing in oil again

    Lastly,
    as for posting "timberrrrr"
    my non-holding opinion is that its unnecessary and immature


 
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