Great ann today for RLE, their first drill in the Copper Basin right next to STO and ORG producing wells and they hit significant gas shows.
This now puts RLE in a strong position to take advantage of their huge land holding in a proven gas baring and producing region of the Copper Basin.
Its the last of the small caps to be taken over in the Copper Basin like what we seen happen to AQO recently. Being right next door to the Majors STO and ORG who are currently producing this puts RLE in a very good position to negotiate a farm in or even a take over.
Please DYOR
Great ann today for RLE, their first drill in the Copper Basin...
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