good junior oilers about to drill/spud?, page-12

RFE - Red Fork Energy

already majorly undervalued for a company with 2P reserves of 143bcf, 2 processing plants and infrastructure in place, a very low share base and gross revenue of $2.8 million last year and rising.

RFE have now acquired 12000 acres in the new Mississippian Limestone oil play in Oklahoma, a very exciting new play with low completion costs for horizontals wells compared to other US plays, high EURS and a very good chance of the number of acres increasing along with possible JVs with US majors.

Baillieus to commence coverage shortly, 3D siemic survey to take place shortly and hopefully our first well completed in this play by the end of April.

i obviously own RFE

this is not invesment advice, please DYOR.