re: Ann: AusTex's Daily Production Averag... Pominoz,Agree that...

re: Ann: AusTex's Daily Production Averag... Pominoz,

Agree that a doubling of AOK's share price from our current price shouldn't be too difficult. A possible catalyst for even larger increases in our share price could be Apache's first horizontal in NW Kansas which should be due out Nov/ Dec 2012.

Just listened to Sandridge's latest webcast from the Johnson Rice Energy conference and they have reported more of the same positive results from their Mississippian acreage in Kansas. 30day averages for the first 46 wells producing in Kansas (Comanche and Finney County) so far is 317boe/d.

They have extended their drilling further North West recently towards Finney County (3 counties south of our landholdings in Thomas and Sheridan) and are achieving 30day averages of 200boed from their first 6 wells there with the best well reporting a 24hr rate of 599boe/d @ 98% oil.

Hopefully Apache achieves similar or even better results later this year.

All the best with your holdings.