VIL 0.00% 1.6¢ verus investments limited

Fair enough DP. I was using 6000CFD = 1 BOEPD which normally...

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    Fair enough DP. I was using 6000CFD = 1 BOEPD which normally gives a fairly close figure, but splitting it up gives a more accurate result.

    I know that the margins on oil production give a profit of 20% of the revenue so gas should be around the same. If the revenue is around the $1.2M - $1.5M mark, then net profits per year would be around $300k - $400k. VIL's market cap is around $13M if I recall correctly. So you're looking at about 3% in net growth market value per year from this well.
 
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Currently unlisted public company.

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