Raging River Updates on its 2012 Guidance and Operational Activities

Resource Investing News

Raging River Exploration Inc. (TSXV:RRX) has updated on its 2012 guidance and operational activities.

Raging River Exploration Inc. (TSXV:RRX) has updated on its 2012 guidance and operational activities.

As quoted in the press release:

The operational parameters within our current budget (April-December 2012) are:

  • Average production – 1,600 boepd (97% crude oil)
  • Royalty rate – 9%
  • Operating costs – $16.50 per boe

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

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