Its a 50/50 chance from what i see, so you can research as much as you want, but if there is oil/gas down there, then it aint moving and doesnt matter who is buying and who is selling.
"Previous estimates suggest that with a potential hydrocarbon resource of 4.5 million barrels of oil equivalent, VILs share of revenues could be over A$0.25 per share. These estimates are based on the potential oil resource at Fausse Point of approximately 7.4 million barrels of recoverable oil at P50 level and potential gas resource of 24.2 billion cubic feet of gas."
VIL Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held
