Callon

[Tucker]

Seeking Alpha article today on Callon suggests that Callon is projecting $267 million in free cash flow. Can you discuss that figure compared to you projection of $500 million. Thanks

[dan_s]

They are probably using a much lower oil price. My 2023 forecast is based on WTI averaging $85/bbl and my 2024 forecast is based on $90/bbl.

Go to the EPG website and download my forecast model for CPE. It is macro driven, so you can change the commodity price assumptions at the bottom for all future periods.