Replies to post #13427 on Viewer's Choice

[littlejohn]

VTLE shows about 40,500 bbls/day of oil

production hedged in the 4th quarter

of 2023 at about $76/bbl...

page 20 of 10Q filing...

VTLE sold over 50,000 blls/day of oil

on average in 3rd quarter,2023 at

over $86/bbl...

https://www.otcmarkets.com/filing/html?id=17030559&guid=fC5-kK4N_t7-B3h

Uncle Sam adds doubt for the oil price

to hold $80 or above thru Christmas Holidays,

in order to keep gas cheap and the suckers

over spending during the holidays...


VTLE adds even more liquids production

with new acquisitions and natural gas prices

are ok now and priced fairly ok for now

thru the March monthly periods...

VTLE showed over a 70% reduction in natural

gas revenue in 3rd quarter,2023 versus

3rd quarter,2022 because natural gas price

gouging was in play in 3rd quarter of 2022...


Natural gas pricing is back to more normal

ranges so far in 2023...


So we watch...LJ

[littlejohn]

REI 1.70, could fetch $7 to $9 /share

in the sale lane based on what

VTLE is paying for Henry deal...

REI 3rd quarter presentation...

https://d1io3yog0oux5.cloudfront.net/_5b5ecf3d48129bc9986c902e6b0dadb5/ringenergy/db/856/7728/pdf/Ring+Energy+Third+Quarter+Earnings+Corporate+Presentation++FINAL+11-3-23.pdf

VTLE acquisition presentation...

https://investor.vitalenergy.com/static-files/6e62615e-89d7-4432-8fa8-a7d7d2d15656

VTLE is paying about 1.165 Billion for

53,000 net acres...50% oil cut...

Roughly $22,000 per acre...

REI has about 82,000 net acres and

roughly about 69% oil cut currently...
page 4 in presentation...

REI when using about 200 million shares

out should yield about $9/share...

If you subtract about 400 million of debt

it should still yield about $7/share...

REI is oil weighted if you are shopping

to add to your oil empire soon...

Mr. Henry spent a lot of his adult life

building the Henry oil company assets,

so this isn't meant to disrespect that...


So we watch...LJ