Return Energy Inc

RTN-X

Analysis and Opinions about RTN-X

Signal
Opinion
Expert
SPECULATIVE BUY
SPECULATIVE BUY
November 15, 2013

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.

Return Energy Inc (RTN-X)
November 15, 2013

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.

Josef Schachter
President, Schachter Asset Management
Price
$0.330
Owned
No
TOP PICK
TOP PICK
June 5, 2013

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.

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.

Bill Bonner
President & Portfolio Manager, Brickburn Asset Management Inc
Price
$0.190
Owned
Yes
COMMENT
COMMENT
December 5, 2012

Will be drilling in Q1, hopefully February. This is a very big prize, could be 50-60 million barrels. Going to do another seismic program to define opportunities. Market has been waiting for them to start drilling.

Return Energy Inc (RTN-X)
December 5, 2012

Will be drilling in Q1, hopefully February. This is a very big prize, could be 50-60 million barrels. Going to do another seismic program to define opportunities. Market has been waiting for them to start drilling.

Josef Schachter
President, Schachter Asset Management
Price
$0.210
Owned
Unknown
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