AOK 0.00% 0.3¢ australian oil company limited.

sellers increasing.downward pressure on sp ?, page-22

  1. 273 Posts.
    I agree with your rough thoughts and the 4 steps you outlined. Based on AGM and report released for AGM steps 5,6,7,8,9 etc could be summarised as;
    * target liquid sweet spot (Snake River)- (Cover page)
    * full field development (200+ wells in existing acreage)
    * funding to ramp up drilling program (page 4)
    * farm out Kansas acreage (page 17)
    Check it out then let me know what that means for oil production levels and revenues/income levels.
    This is not a ST play it is a LT hold.
 
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