Viewer's Choice

[littlejohn]

VTLE having bulk of oil hedge at 73ish/bbl

in 1st quarter protects their rear end...

Doubtful that they could find good

natural gas hedge prices for 1st and

2nd quarter for the huge amount of

liquid production they added due to the

timing of acquisition closing...

REI guided on their lost production time

in January but VTLE has not...

REI has a far higher percentage of oil

production than any company that I

have looked at closely...

And that allows better chance with a

rising oil price to offset lower price on

natural gas...

REI is starting to look like the little field

set aside for better grazing in worse

conditions now...

And ya know that few want REI now...

So we watch...LJ