AOK 0.00% 1.7¢ austex oil limited

begging again, page-11

  1. 7,206 Posts.
    lightbulb Created with Sketch. 311
    hi coat, heard the same figures myself, where theres smoke??

    full agreeance re raising, wont get far with $6 million if this is solely for drilling the Mississippian play.

    might eke out 2 horizontal wells at best depending on the % they own in each 640 acre block, possibly rely on other companies fronting up with drilling cash??

    perhaps also hoping that success with the first horizontal well the SP will be considerably higher before management need to tap the market again?



 
watchlist Created with Sketch. Add AOK (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.