Fortunately most of RFE's revenue in the short term, even after EOK comes online, will be from West Tulsa oil. Smart move by management to fast track development there, and take advantage of the low gas prices to expand acreage.
I think it will be a while before gas prices have a significant impact on RFE's revenue.
Gas prices are low because US storage facilities are nearly full, and prices will stay low until suppliers whose costs are higher are forced to lower production. But even at these low prices RFE gas is profitable...
As for oil, at $2.50/barrel cost to RFE, I can't see that ever being unprofitable for them :-)
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