RNI,
Thanks for your thoughts. RFE should be a good news story. Unfortunately I believe it will be one of serial dilution over the next 12-24 months. Their cash burn with 4 rigs will be huge and the revenue is just not coming back fast enough. I've got my eye on it but doubt I'll touch it until at least after the next CR (which I assume will be in approx 9 months).
location and technique, page-3
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