Pedevco Corp. (PED)

[Flatsixer]

Some thoughts about BESV "day rate" AFJ revenues...

Assume 5 days/week 40 weeks a year to cover weather, breakdowns, & to be generally conservative for a relatively new product in the market place.

This equates to approximately 200 working days per year.

A modest day rate of $20k per day net to Blast generates revenue of $4mm annually.

A more optimistic day rate of $30k per day net to Blast generates revenue of $6mm annually.

Think about those figures. That is just the revenue on one AFJ rig in operation.

Flatsixer