Increase in oil and gas production with a smaller increase in equivalent producing development wells from last quarter (51 vs. 58). It was a good quarter for PER for sure. I can only assume it is getting hammered because it is being wrongly lumped in with SDR. One of these days the market will realize these trusts are in COMPLETELY DIFFERENT areas.
its a complete black box now that there is no CC and no color of any type. That prediction was made after what turned out to be the last CC on any of the trusts on which they answered questions regarding PER. I am still sticking with $20 which is what PER is worth.