from breakaway report
"In 2017, RLE entered a Memorandum of Understanding (MoU) with Weston Energy for 15PJ of gas over 5 years, equating to 3PJ p.a. The status of this MoU is unclear at this time. In its most recent market reports, RLE indicates it has issued Expression of Interest to gas customers for the supply of 5PJ of gas over 3 years. To achieve this, each well would need to deliver >1.5mmcfd. Test rates from the existing wells exceed this. "
That is a total revenue of about 50 million dollars.
good for me to buy at this level
from breakaway report"In 2017, RLE entered a Memorandum of...
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