Replies to post #5469 on Pedevco Corp. (PED)

[chemist72]

My estimate would be about $15M revs per quarter.

Again that assumes a "lower end" pumping rate of about 400 BPD and a price for crude oil of about $56 per barrel. I'm also adding in current revenues of about $3-4M per quarter to the revenues from the "new" wells.

Won't know how accurate this estimate is until Q2 2020 fins come out next August.

Big question regarding valuation is if and when market will price in these new revenues. Typically market looks ahead 3-6 months, so not expecting these new revenues to be factored in to PED stock price until early 2020.

We'll see.