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This is a rank exploration wildcat. It’s always good to have one of these in your quiver. Has been at this particular project for about 5 years. The best news is that they are about to drill their 1st exploratory well on an onshore block in Tunisia. Feels political risks are probably pretty low now. No bank debt. A couple of million dollars a year in cash flow from a gas property they have in Hungary.
Return Energy Inc is a Canadian stock, trading under the symbol RTN.V (previously RTN-X on Stockchase) on the TSX Venture Exchange (RTN-CV). It is usually referred to as TSXV:RTN or RTN.V
In the last year, no analyst issued a Buy, Sell, or Hold rating on RTN.V (previously RTN-X on Stockchase) on Stockchase. Read the latest expert commentary for Return Energy Inc.
Return Energy Inc was recommended as a Top Pick by Josef Schachter on 2012-12-05. Read the latest stock experts ratings for Return Energy Inc.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Return Energy Inc.
Return Energy Inc is covered by Stockchase experts and is worth watching.
On 2020-06-03, Return Energy Inc (RTN.V) stock closed at a price of $3.50.
Announced they will be testing a well in the key area for the Abiod in Tunisia. Will be testing 3 zones, so are quite confident they are going to have something. If they find 500-1000 barrels, the stock has done quite well. Likes the company and has a target of $0.55. Information will be known in early December.