Shes Go allright check this latest ANN out .....These guys since listing last july at 20 cents have hardly put a foot wrong and the SP is 4 cents man this is going to be the first oily penny to recover big time (back to list IMO) well done management keep it up :)$$$$$$
Sydney - Friday - March 6: (RWE Australian Business News) - Kilgore Oil and Gas (ASX:KOG) reports that Snipe will be completed as a discovery well with gross proven reserves in the order of 4 BCF (Kilgore post completion working interest of 11.25%). The well will be cased and cemented and the Hercules 152 drill rig has now moved to an additional target, Egret, and has commenced drilling. Kilgore also has a post completion working interest of 11.25% in this typical Gulf shallow, seismic amplitude prospect with gross prospective resources in excess of 9 BCF. If Egret is a discovery well, it will be completed together with Snipe, and will flow from the same platform. If Egret is a dry hole, Snipe will be completed and put into production. Production under both scenarios should commence early in the third quarter of this calendar year. ENDS
GB:)$$$$$$$$$$$
KOG Price at posting:
2.6¢ Sentiment: ST Buy Disclosure: Held