I note with interest in the investor presentation, a CY13 exit production target (net to Red Fork’s working interest) of between 3,000 and 3,600 boepd
That seems extremely aggressive to me and if I understand the statement correctly means a CY13 exit gross production of 4,200 - 5,100 boepd.
Fantastic result if they achieve that and would certainly re-rate SP quickly back towards $0.80 - $1 levels (surely??)
Add to My Watchlist
What is My Watchlist?