3min chapter

Value Hive Podcast cover image

Shubham Garg: Small-Cap E&Ps & Launching White Tundra Petroleum

Value Hive Podcast

CHAPTER

White 100 Protellers' Edges

White 100 Protellers' biggest edge is that we focus on assets that are sub 100 barrels per day. Our goal is to get to 2,000 barrels per day within a 24 to 36 month period. I don't ever want to pay more than three times cash flow at about a 75 WTI for any asset. We do have our first LOI signed on an asset that I hope to announce the closing in the next four to six weeks.

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