AOK 0.00% 0.3¢ australian oil company limited.

25 acre spacings

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    Latest Range Resources presentation from the Johnson Rice Energy Conference indicates that results from the Mississippian are continuing to improve and the company now believes 25 acre spacings are possible with EURs per horizontal exceeding 600mboe.

    That would equate to 200 possible horizontal well locations in AOKs Snake River Project alone. Crazy stuff.

    Web address for the webcast is as follows for those interested:
    http://phx.corporate-ir.net/phoenix.zhtml?c=101196&p=irol-presentations

    Need to register to gain access.
 
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