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Re: bbotcs post# 12390

Monday, 06/05/2023 1:20:14 PM

Monday, June 05, 2023 1:20:14 PM

Post# of 14502
VTLE net oil production could be nearing

45,000 bbls/day in 3rd quarter,2023

if/when next deal closes in June...

VTLE as operator could be producing

oil in a range of 48,000 to 50,000

bbls. of oil per day...

If next deal closes and production levels

don't encounter any snafus...

NOG will be a 30% partner in pending

deal slated for June closing...

https://finance.yahoo.com/news/nog-announces-joint-acquisition-forge-201100613.html

VTLE pr was more conservative on the

oil percentage at about 65%...

NOG projected 79% oil percenatge

in their pr on deal pending...with

projection of NGLs omited...

VTLE could see Capex expenses of

roughly 18 million per quarter on the

new property based off NOG projections...

Capex expenses are subject to possible

change with oil price fluctuations...

So we watch...LJ

Gee Beav, rithmatic isn't usually this hard to read!

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