AOK
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0.00% 0.3¢ australian oil company limited.

re: Ann: Production growth to continue at Sna... Have been...

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  1. whynot
    886 Posts.
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    23/01/13
    16:15
    Post #: 11325852
    re: Ann: Production growth to continue at Sna... Have been slowly accumulating, on the basis of increasing production.

    Being a long time SEA holder comparing to their Wattenberg Vertical Wells where the last 8 averaged 39BOPED after 30 days and cost around $600k each (although they also have a horizontal wells so not to compare the market cap or anything like that) then it appears AOK is doing well with their Vertical Wells and getting a better return on investment.

    AOK Price at posting: 13.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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