Pedevco Corp. (PED): $PED WTI over $70 In Q4 or Q1 Pedevc...

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Pedevco Corp. (PED)

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Re: RyGuy post# 6161

Thursday, 01/05/2023 3:54:07 PM

Thursday, January 05, 2023 3:54:07 PM

$PED WTI over $70

In Q4 or Q1 Pedevco's owned and interest in assets should produce roughly
2,500 boe/d

700 boe/d - legacy wells
300 boe/d - 2 new wells Pedeveco drilled estimate drilled
300 boe/d - their 5% interest expansion in 10 D-J wells
1000 boe/d - 3rd qtr project 34% in 6 niobrara wells
200 boe/d - 8 added new D-J Wells 4.7%

2,500 boe/d Total approximately

I think I'm underestimating here the total boe/d production.

@ $70 oil
$175,000 Day
$15,750,000 Qtr

https://www.otcmarkets.com/filing/html?id=16200784&guid=bSl-kqOqQls2dth

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Recent PED News

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