Pedevco Corp. (PED)

[Sheepdog]

in roughest of numbers assuming all 14 wells drilled in succession at $3.0M EACH, 20 years of production (50% recoverable of the recoverable w/o EOR), 50 BBls/day-well average life production, $10/bbl lifting cost, 10%/year oil price escalator, 50% working interest, 10% risk factor (and more smaller assumptions).

About $105M Net to Blast assets in NPV. And our asset/share would be about $2.00/share after dilution to financing and assuming A cap of 130% to assets

These are absolutely the roughest of numbers based upon an extreme simplification and represents net revenue before taxes, G&A, depreciation, amortization, etc.

DO NOT TRADE ON THIS INFO>>>DO YOUR OWN DD!!