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Re: DanWebzster post# 392

Monday, 07/27/2020 9:25:44 AM

Monday, July 27, 2020 9:25:44 AM

Post# of 438
BCEI is a low-debt, low-cost, oily, DJ Basin hydrocarbon producer

7/20 preannounced volumes above consensus

When CVX took out NBL, BCEI's adjacent acreage was validated

BCEI plans to exit 2020 with zero balance on revolver. IMO, this is a sign of exceptional management

BCEI trades at a Colorado discount to Texas producers, primarily because the electorate of Colorado agitates for anti-fracking initiatives.

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