RFE series 2018-1 reds trust

gas storage - back in line

  1. 33 Posts.
    A Positive note - the Working Gas in Storage figures are (at last) back within the 5yr range!!
    Refer to:
    http://www.eia.doe.gov/oil_gas/natural_gas/ngs/ngs.html

    Small but significant point. Many punished RFE and other Gas Players on the basis that inventories were too high - now they are showing strong indications that inventory levels are coming back in line. This 'should' translate to a solid recovery in the gas price, and with RFE accelerating the drilling program & having commenced production from EOK (with a leg up from the timely acquisition) - things are looking very promising!!

    Long may the cold Northern winter continue...
 
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