RFE series 2018-1 reds trust
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devon very positive on woodford

  1. jm2110
    1,053 Posts.
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    08/08/13
    12:50
    Post #: 12170768
    In today's earnings and conference call Devon stated that the progress they are making in Woodford (29 wells drilled 80% oil, 10 of which had 30day ip's > 500) will provide the next leg of large scale, highly economic oil growth for Devon. They went on to say that they are seeing the Woodford as having significantly less water issues than Miss. lime.

    This can't be bad for RFE who to date have no Woodford in their reserves - yet!
    RFE Price at posting: 43.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 13  Upvote
    lightbulb Created with Sketch.  Great analysis
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