AOK
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0.00% 0.3¢ australian oil company limited.

please explain..., page-7

  1. PatienceI
    235 Posts.
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    19/09/13
    18:10
    Post #: 12349591
    AOK - Vert well cost $650k, EUR 85,000 BOE - F&D = $7.64 per boe

    RFE - Horizontal well cost $3.2,, EUR 245,000 BOE - F&D = $13.06

    AOK - 640-acre section getting 32 vert wells (based on RFE using 640-acre sections)

    RFE - 640-acre section getting 3 wells at present

    Just taken the numbers from the companies announcements.

    My thoughts only, do your own work and own research to form your own opinion and your own view.
    AOK Price at posting: 14.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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