research update

Zen

“Total US natural gas production reached 19.3 Tcf/year (52.9 Bcf/day) by the end of 2007, a 4.3% increase over the 18.5 Tcf/year (50.7 Bcf/day) level at the end of 2006. Over the last decade, production from unconventional sources has increased almost 65%, from 5.4 Tcf/year (14.8 Bcf/day) in 1998 to 8.9 Tcf/year (24.4 Bcf/day) in 2007. Unconventional production has increased from 28% of total production in 1998 to 46% in 2007.”

Source: EIA

No question about viability…

RFE is in the hottest energy growth sector in the world….

this is my opinion.