AOK 0.00% 0.3¢ australian oil company limited.

Ann: Record production of 42,892 BOE for December, page-18

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  1. Dis
    3,741 Posts.
    re: Ann: Record production of 42,892 BOE for ... This is probably oversimplistic ...........


    Aug Production - 275

    Sept Production - 330 (+55 increase)

    Oct Production - 390 (+60 increase)

    Nov Production - 468 (+78 increase)

    Dec Production - 650* (+182 increase)

    * Pro rata after accounting for extreme whether.


    So why the big jump in Dec if they are plodding along at 2 per month for several months. I suspect most of it would be the new lateral. We only own about 9% so, if true, it may be a MONSTER!
 
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