AOK 0.00% 0.3¢ australian oil company limited.

Ann: Production growth to continue at Snake River, page-8

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  1. 387 Posts.
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    re: Ann: Production growth to continue at Sna... dont really follow RFE but just had a qucik look at their ASX announcement dated 11/01/2013.

    RFE has 8 horizontal wells producing about 1,400 boe/d (my rough calculation) & a mrkt cap of $281M

    AOK has 9 producing wells, mainly verticals for about 700 boe/d & a mrkt cap of $56M

    Our return on the vertical well program speaks for itself. and with only a mrkt cap of $56M i think AOK has a lot of catching up to do.

    correct me if i'm wrong...


 
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