Posted on the OCC a couple of days ago was an application for...

Posted on the OCC a couple of days ago was an application for flaring gas at MuMurtry 1-21H, 7 days at 200mcf/d. At a 80:20 gas to oil ratio this implies the well flowing at 165 bopd or ~200 boepd. I would expect this rise as this was when the well was still unloading. Very good indication of another great well though.

Regards the market, imo its just the fact that risk assets are being sold due to massive global uncertainty that RFE is trading low volumes and going down on low volumes. Until risk appetite comes back into the market its going to be more of the same imo. QE3 in the US could be a trigger. Here in AUS things look very dire!!!!