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Raging River Looks to Expand Duvernay Position, Ops; Talks Q3 Results

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   |    Monday,November 27,2017

Raging River Exploration has reported its Q3 2017 results.

Highlights:

  • Achieved quarterly average production of 23,011 boe/d (93% oil), an increase of 24% (23% per share) increase over the comparable period in 2016.
  • Looking to Grow Duvernay Position / Activity: Currently surveying and acquiring surface lands in multiple areas to continue to delineate and evaluate our expanding land base.  Our current base plan contemplates six evaluation wells in 2018, with two to three wells targeted for the first half of 2018.
  • Most Active Quarter in History: The third quarter of 2017 represented the most active drilling quarter in Raging River’s history. Exceptionally favorable weather and surface access conditions allowed Raging River to drill 124.8 net Viking horizontal wells and commence drilling of one (1.0 net) Duvernay evaluation well in the quarter.

 

 

 

 

 

 



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Third Quarter (3Q) Update   

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