AOK
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0.00% 0.3¢ australian oil company limited.

Ann: Investor Presentation May 2011 , page-6

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  1. Dis
    3,741 Posts.
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    12/05/11
    11:45
    Post #: 8390079
    Also management "expect 3P reserves in excess of 11mmbo"

    The last reserve report was 3P of 13.6mmbo (14.2 mmboe including gas).

    Since then they have added considerable acres and proved things up at the drill bit.

    I guess its better to underpromise and over deliver.....
    AOK Price at posting: 8.8¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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