announcement states certified 2P & 3P Reserves.... "The reserve is based on analysis of geological and engineering data gathered from a combination of the Company’s (and offsetting producers) producing wells (past and present) and recent drilling and completion activity"..... "This estimate was prepared by Perry Gilstrap (president of Red Fork’s wholly owned, United States based operating subsidiary) and technical director Bruce Miller (a geologist with extensive coal bed methane and fractured shale gas experience). Both have worked in hydrocarbon exploration, development and production for more than 25 years.
RFE Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held