The Simpson Sands look encouraging. Needs further testing, and from memory stable flow for the Lancaster lease is about 25% of IP (180 bopd from 720 bopd) - the company states that best practice requires 146 bopd to maintain reservoir integrity over the next stage of testing, but may be able to de-restrict flow from there.
A great result for AOK.
Lan#8 (currently producing from Arbuckle formation) will also be opened up in the Simpson Sands in the new year.
These current prices won't last, I'm accumulating in anticipation.
Cheers
Tawny
AOK Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held
