Whatever they find , goes to promoters , they will give Rs.1/- as dividend to shareholders, you can make money amoung shareholders, nothing more coming from company.
even if they find good amount of oil, videocon holds just 12.5% stake and also it will take few years to ramp up the production. So the amount of profit will not be huge.
One can get the estimate from production levels of near by finds of the block also calculating and comparing Cairn india and selan exploration output.
I understand the oil reserves are huge. Brazilian Govt has stopped private particupation in oil exploration in that region post this find. Now since the find has been successful. these participating coys can sell there stake at huge premium.
| NIFTY 
