"Sample description and log analysis has highlighted oil bearing pay in three major intervals with the Redfork sand increasing to approx 90 feet in thickness. This increase in thickness and reservoir quality will add considerably to the future production levels and the longevity of this field. In addition to the Redfork sand, two proven producing sand sections in this latest well are also increasing in thickness and quality as the drilling continues to move into the large 100% company owned acreage held by Red Fork."
RFE Price at posting:
$1.18 Sentiment: LT Buy Disclosure: Held
