VIL verus investments limited
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Hi, 1 million BTU requires ~ 1000 3ft gas to produce. 1000 in...

  1. tynawg
    172 Posts.
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    17/12/10
    09:19
    Post #: 7626185
    Hi,
    1 million BTU requires ~ 1000 3ft gas to produce. 1000 in one million 3ft gas * $4 = $4000 per day per million 3ft.
    2.48 million 3ft gas per day * 2480*(1,000,000BTU)$4= $9920 per day for the gas. $9920*10% = $992 per day before expenses to VIL.
    If I have mucked this up please feel free to correct me.
    VIL Price at posting: 1.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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