RhinoI think Dec production will be 1000+. The quarterly average...

Rhino

I think Dec production will be 1000+. The quarterly average will likely be a bit lower

I don't think there will be any real announcements until Ptolemy and Young Capital get their shares. Ptolemy will be a long term holder I think and will want to grow the company. I think Young and the convertible note holders will blow with the wind - dump on a good rise.

That said I think 2014 will be a golden year for AOK. The announcements will start coming after they nail down the votes at the EGM. I suspect they already have the contracts ready to go on the accelerated drilling program (subject to finance).

I'd hope for increased leases with some for their funds too. Looks like leases a still quite cheap. A few days ago SEA bought 10K acres for $5.9M in Logan (Mississippi / Woodford). There is no reason AOK can't be twice as big on both production and acres within 12 months, and no further capital raises along the way.

PWC already prices AOK at 20c + on a risked basis without accounting for any further potential. That's a pretty powerful endorsement at any future intso presentation. Add the trfecta of 1P reserves / 1000 BOEPD / $100M Market Cap and I think the instos will finally wake up this year.