recent quarterly has some positive comments ie: farm in opprtunities PEL570.
from recent quarterly..""""As announced in the September quarter, PEL 570 was found to contain more than 20 trillion cubic feet (tcf) of gas in place. PEL 570 contains;""""
given the size of this prospect, who knows it maybe a good sized company(s) looking to farm in.
apart from that, they really need to look at other acquisitions.
overall it's in a nice position:
147MM shares issued.
$8MM in the bank.
current price 22 cents.
by the looks of things management on the ball..
what else can i say.????
please DYOR..
..
AQO Price at posting:
22.0¢ Sentiment: LT Buy Disclosure: Held