Exited my position in AOK last week. Still like the stock a lot and believe it is undervalued as compared to its peers on typical Reserves and flowing BOEPD metrics
This piece of research posted on SA - I would highly encourage a read of it and a side by side comparison with the acreage of AOK.
http://seekingalpha.com/article/1342401-mississippian-lime-encana-narrows-focus-to-just-82k-acres-in-osage-extension-area-acreage-did-not-meet-expectations?source=yahoo
Snake River project is the goods.
The other acres - now that needs to be looked at a lot more closely - treasure or trash?
Exited my position in AOK last week. Still like the stock a lot...
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