RFE series 2018-1 reds trust
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I think that $4 million is from 2 wells rather than 1, but...

  1. MattR
    398 Posts.
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    06/07/09
    10:38
    Post #: 5359790
    I think that $4 million is from 2 wells rather than 1, but still: 85 barrels/day from 20 wells should give revenue of about $40 million.

    Cost per barrel is so low it's just noise compared to daily spot price movements... lol

    And this project is small compared to EOK.

    Nice.
    RFE Price at posting: $1.34 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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