RFE series 2018-1 reds trust

asssist to fill in the gaps:wellcount/revenue

  1. 81 Posts.
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    I have gone through the RFE investor presentation from April 2010 with particular interest in the forward projections for both drilled wells and revenue. I would like to share my understanding and see if we can collectively fill in some gaps here. This would assist in getting a better understanding of what confidence level there is that RFE will be cash flow +ve by 2010 year end, and track to the rapid revenue growth expected 2011 and beyond. (i.e $6m in 2010FY, to $100m in 2013FY)

    disclaimer: I am not an O&G or shale gas industry person, but my current point of view is that there would appear to need to be a substantial shift in the rate of drilling of wells. There would also need to be a substantive increase in progression from drilled, to production test, to tie-in.

    happy to re-cut the scenario if any further info or advice comes forward
 
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