Raging River Exploration: 2012 Q1 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.