RFE series 2018-1 reds trust

gas drilling??

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    good afternoon holders

    time to talk about something different other than RFEs abysmal SP and trading practices of certain large holders.

    found an article today, click here to have a quick glance.

    its a fairly standard list of wells for completion or intent to drill in Oklahoma.

    for holders that have held for some time though, very odd data there regarding Red Fork.

    2 wells for RFE in Mayes county, Cherry 1-4 and Cherry 1-9 have been completed as was a well in Rogers county, Cherry 1-32, all had TDs of 838 feet or less.

    with the Henry Hub spot price of natural gas having improved recently, have management gone back to drilling old acreage, to my knowledge this is what use to be referred to as East Ok Central.

    nothing yet to suggest this in any recent announcements but with Henry Hub spot price sitting at around $4.70 these wells are definitely economical.

    any thoughts folks??
 
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