Hangas75 wouldnt have a clue what the farm in may be worth but all i know we are amounts billion dollar campies who are hitting gas and have producing wells in the area and next door to us.
Its hard to go off the $300 million Chevron paid for the 60% interest in BPT's Pel 218 lease as im not 100% sure how much exploration work has been done on it etc.
All i know is there is value to be had here and id expect a pretty big re-rate one the farm in is annouced.
AQO Price at posting:
20.5¢ Sentiment: Buy Disclosure: Held
