Wario, heres some calcs. These are very high level and are based on some researched assumptions. There are many variables that can come into play.
BOPD = 400 Profit per barrel = $55.00 Production days = 365 Availability = 90% Annual Profit = $7,227,000 Shares = 646,000,000 Multiple = 10
Share Price = $0.11
With the price of oil fluctuating these figures are changing daily....
As mentioned, use these with caution. I have recently seen profit per barrel around $65, so I have been conservative as many factors come into play here. Please do your own research and these figures should not be used for future investment decisions.
Cheers
GGX Price at posting:
3.0¢ Sentiment: LT Buy Disclosure: Held