Pedevco Corp. (PED)

[verdiking]

By repositioning I do not mean packing up and moving to the next well, but that could be a half day or more. I am talking about pulling the nozzel and hoses back and moving to the next depth or direction to started the next lateral. If this time is a hour per lateral and they do 20 laterals thats 20 extra hours or even if it's 1/2 hour thats 10 extra hours. So you are at about a week a well. So even if there is no waiting on the wells to be drilled that is still only 4 wells a month. If you read the news release it sounds like the 25 wells (7 + 18) are new wells so it could be 2 - 3 a month. I guess on the bright side that is almost year backlog. And they could go and do other wells while they wait.