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0.00% 0.3¢ australian oil company limited.

Proved reserves at Snake River now 14.1m boe with NPV10 $257m....

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  1. daniel99
    365 Posts.
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    31/10/13
    15:55
    Post #: 12513031
    Proved reserves at Snake River now 14.1m boe with NPV10 $257m. Seems a lot of the Probable reserves have been upgraded to Proved which is good.

    Net cash receipts of $3.8m exceeded development spend of $3m, and net cash outflow of only $1.6m which I think is pretty excellent.

    Bring on the increased pace in development!

    AOK Price at posting: 13.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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