Rival Energy Ltd (fka rgylf)

[nutsaboutgolf2001]

Bobwins - thanks for the info. I thought they were in the last Iradeso report (quarter 2) and that they ranked very high. They should have a high rating again on the enterprize value to BOE production metric; of course their enterprize value has gone up a fair amount since the end of the quarter. They are probably being ultra conservative on pricing (and thus on everything that follows), remember while October was a good month for natural gas prices (AECO average 11.78 per GJ), November was off quite a bit ($8.79 per GJ). The recent uptrend in December prices will probably make their forecasts seem very low by the end of the quarter. Latest December price available = 12.87. For comparison purposes, AECO average prices for Sept (10.54), August (8.71) and July (7.08)