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Vintage Petroleum, Inc. (VPI) Message Board

  • imadeadcat imadeadcat Sep 28, 2004 7:06 PM Flag

    Just listened to west coast symposium

    VPI will meet 27.5 million BOE goal for '04 even after Canadian sales. Argentina and Yemen continue with strong performance. Revenue from Yemen looks like $60 million next year( my calculation , not VPI's). Outlook is excellent and all #s based upon $36 oil at NYMEX. Despite the huge run in VPI stock, it appears there is reason for optimism. And the fact that they remain less hedged than many others in the industry means the current spike really helps. My normal skepticism is somewhat overwhelmed by the possibilities. Yikes, it looks like we continue to have a gusher!

 

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