AOK 0.00% 0.3¢ australian oil company limited.

re: Ann: $12.5m Raising to Further Developmen... i thought it...

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  1. 631 Posts.
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    re: Ann: $12.5m Raising to Further Developmen... i thought it may be kansas they were looking at but after reading the report their were some indicators it will be snake river.

    From Report
    *5,500 acres (100% WI) in the light oil sweet spot of the Mississippi Lime Play (obviously snake river)
    then about 4 lines down
    *Evaluating opportunities to increase footprint by acquiring additional acreage in core light oil rich area

    Now to me core light oil sweet spot mean very much the same as core light oil rich area.

    also further down in the report
    *Current equity raising capitalises AOK to pursue its scheduled growth program and take advantage of
    acquisition opportunities in its core area

    core area id presume to be snake river ??

    also lower in the report i noticed this:

    they mention the were still doing seismic but lower in the report there is this

    **Colby - 15,500 70% 58.8% Exploration/Seismic Completed Thomas, KS


    Resource upgrade incoming :)
 
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