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Re: pepeoil post# 14434

Sunday, 08/07/2022 9:14:49 PM

Sunday, August 07, 2022 9:14:49 PM

Post# of 15887
Next quarter should be better. They didn't start ramping up operations until late Q4/Q1. I'm not expecting a blowout number, but they have demonstrated a path to profitability with opening up some wells incrementally flowing and getting the NG compressors online. Maybe it takes a few more quarters, or maybe the oil/gas price the past few months gets them there early. I've been here since inception, so not worried if the next report is a home run, or it takes until next year. Either way, they will make the win happen. 100%.