Tricky one, isn't it.I wrote this on a recent post and the part...

Tricky one, isn't it.

I wrote this on a recent post and the part I have highlighted in bold is how I believe it will go down over the next 12 months.

"AMU just sold assets in Kansas for approx $60Million

The metrics were:
- $15.6/bbl per 1P reserve
- $12.2/bbl per 2P reserve
- $100k per flowing BOPD

IF AOK were valued on this it would be worth $60-90M based on reserves but only about $25M is we assume current production to be 250BOPD. Thats a big discrepancy and a 200% gain if the gap can be closed.

The company should rerate well if production can be increased and management can get AOK noticed by brokers / instos.

It looks like they are at least focusing on these aspects given the aggressive 2011 drilling program and recent presentations / Canadian listing.

I note RFE are buying up big acres and chasing the Mississippi Lime but I'm happy that management seem to be focusing on tasks which will increase shareholder value.

Good luck for 2011."

Essentially Dan and Crew need to pump the SP as high as they can before the Canadian Listing. This will need to be with credible results like increasing cash flow and production, not flim flam exploration prospects. I believe there is alot of this in the wings with the hard work (drilling) already done but results not yet announced. I believe they will manage the annoucements to give the impression of an orderly and successful increase in production:
- waterflooding redfork
- Simpson series wells
- re-entries in Kay county
- Rolf well in Kansas

Listing on the TSX will then need to be at a small discount to whatever SP they can achieve. The funds will be used for further drilling and any success should cause the TSX shares to move forward. The laggard ASX shares should follow the more appreciative Canadians.

We need the trifecta to get the best possible share price for the assets we have:
- reserves
- production
- shareholder interest