Raging River Updates 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.