AXT 0.00% 1.4¢ argo exploration limited

Substantially Undervalued, O&G Situation in play, page-44

  1. 4,725 Posts.
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    Both of these are worth a read

    http://www.searchanddiscovery.com/pdfz/documents/stricklin/images/SDstricklin.pdf.html

    http://www.rrc.state.tx.us/media/13448/03-28995pfd.pdf

    The Double AA Wells field has produced 20 million Barrels of Oil & 415 Billion Cubic Feet of Gas to date.

    The Polk County (Prospect A) was targeting reserves of 12 million BO & 276 BCFG.
    The Tyler County (Existing Acreage) is targeting reserves of 11 million BO & 255 BCFG.

    So both prospects are significant in size & thus hence value should they prove successful.

    LOTM
 
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