RE:RE:RE:RE:RE:RE:RE:VET was $20 at the start of 2020 As the light of day hopefully brings back reason, I would like to stress that the rough calculations shown above, are merely back of the envelope calculations that I use, as such I have made many assumptions that may or may not be realistic. I would thus highly recommend that each investor do his own calculations. A good starting point would be VET's published reserves that they show on their 2020 annual information form. Unfortunately, they show the reserves, and they have stated the PDP and 2P values in their presentation, but we do not really know the cost of developing the reserves, nor the timelines assumed.
https://www.vermilionenergy.com/files/VEI_2020_AIF.pdf