5hareholder: "So about 75BOEPD for VIL each day. That's 525BOE per week. Revenue @ $80/barrel would be $42,000 per week."
VIL will never get the full spot oil price. No-one does at the wellhead. Then of course that figure is GROSS revenue, not "net".
At 75 BOPD (IF it holds up...which it will not due to natural decline) they would make two tenths of a banana sandwich.
bingo for bongo, page-33
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