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    Raging River Exploration: 2012 Q1 Results

    Investing News Network
    May. 28, 2012 03:46PM PST
    Oil and Gas Investing

    Raging River Exploration Inc. (TSXV:RRX) reported its 2012 first quarter operating and financial results.

    Raging River Exploration Inc. (TSXV:RRX) reported its 2012 first quarter operating and financial results.

    As quoted in the press release:

    First Quarter 2012 Highlights

    • Exited the quarter at 1,600 boepd (97% oil) achieving 60% growth over January production volumes of 1,000 boepd.
    • Raised $23.1 million through the completion of a private placement with the issuance of 14.4 million units at a price of $1.61 per unit.

    Click here to read the Raging River Exploration Inc. (TSXV:RRX) press release.

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