re: Ann: AusTex updates Snake River Project D... I think AOK are...

re: Ann: AusTex updates Snake River Project D...
I think AOK are doing a good job but over the next 6 months should pull their finger out one the publicity front. Comprehensive monthly updates should be a minimum. Good wells should get their own publicity. I know that most CEOs don't care about pandering to the attention span of traders, and fair enough. But AOK would be well served in getting the SP above the 16c resistance. That would ensure several million dollars of options and notes convert and would give them a very healthy balance sheet just as they get their RBL. It would also mean that future good news would get much better traction.

Most ASX oilers are putting lipstick on a pig. Why is AOK so shy when it should be dazzling the party?



Btw Fox,

FYI Arbuckle wells are SWD. Not for production. AOK do have a few Arbukle wells in Kansas where they are doing some production - perhaps where the confusion lays.