Pedevco Corp. (PED): Kukes Is the key in there. He for sure d...

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Re: I-Man post# 5172

Wednesday, 12/05/2018 1:25:29 AM

Wednesday, December 05, 2018 1:25:29 AM

Kukes Is the key in there. He for sure didnt buy the company just because He liked the owners at that time (they are all gone now). So he for sure has been aiming for something bigger. Now with addition od Hunter Oil his production has doubled already, He cut down on expenses (bought Condor which had the major ownership of their Niobrara wells), moved the HQ to very decent building, they Are going to drill another 4 horizontal Wells in San Andres (maybe they have started already) plus they will drill 12 additional Wells there in 2019. And maybe more which they haven't said, yet. Off course Once the Price of oil moves up IT Will for sure helps them...

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