With the new tax breaks awarded to tight oil producers like Ruspetro, and with the share price now back above the 50 MA, its probably now a case of being in Ruspetro before the herd returns back to the market in September, as this should do another repeat visit to the 50p region when normal trading volumes return. although production is still below the original forecast 10.000 bpd but the new tight oil tax break should give a boost to the business from here.

The next production update for Ruspetro is due on 30 August 2013 hopefully better numbers than the last few.

Hmmm