re: News: Austex Oil Limited presents at the ... The most impressive part of the presentation was proof of ML at the Cooper Lease. They have kept that under their hats to date. In the past they have only referred to 3rd parties stating that ML extended to NW Kansas.
Still don't know thickness or porosity but they probably want to keep cards to themselves whilst leasing. Deepening the current Cooper wells could be done with minimnal cost with big upside to valuation if prooved up.
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