RFE series 2018-1 reds trust

500 bopd

  1. 2,795 Posts.
    only last week early flows of 20 barrels an hour.(500 bopd) ...prime acreage, lots of it. turn off and come back in a couple of months and you'll be pleasantly surprised. This is a company about to grow it's revenue exponentially in the Mississippi Lime....got a few other tricks up its sleeve too. Frustrating with the Quantam selldown and little communication from the company- but fundamentals are v.good - even allowing for softening of oil and some euro turbulence. Low 60's in an opportunity...might go lower, might not - but project forward 12 months and you'll wish you'd pocketed some now...

 
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