May. 13 at 12:53 PM
$BATL If you get bored and want to make yourself feel 1,000% better about investing in BATL, take a look at the timeline for the 8 new wells incoming….then the sour gas compression… Q2/Q3. A well in the Permian basin typically takes about 15 to 30 days to drill, and then another 15 to 30 days to concrete up and secure. So, in 60 days, something very interesting is going to happen. BATL will double their BOEP/D…. they are likely looking at somewhere around 23,000-24,000 boep/d for the entirety of 2027…. That will put annual revenue anywhere from
$600M-
$700M… so yes, I feel 1,000% better as their mcap is currently sitting sub
$60 million.
