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roadkilll

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roadkilll

Re: Miami Sun post# 1168

Tuesday, 07/11/2023 9:25:31 AM

Tuesday, July 11, 2023 9:25:31 AM

Post# of 1177
Fitch is a rating agency and one of their assumptions based on the info they see when closely looking at GTE books was the 47,000 bopd.
"Fitch Ratings forecasts gross production will grow at a CAGR of 15% in the next three years, reaching an average of 47,000 barrels of oil equivalent per day (boed) by YE 2025."
At the end of 2021
"Production is expected to average 34,000boed between 2022-2024"
May of 2022 Fitch looked at the books and saw
"gradually increase to an average of 38,000boed between 2023 through 2026,"
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