Eventhough a small percentage this news is encouraging for ATS, however being mindful that Anadarko Basin is already proven with active production across the acreage. BRK has just got some more acreage beside already producing wells. This is the key difference and therefore ATS's intent to drill more wells to attract the interest. I really hope we hear some news with the current momentum in the industry.
Capital is still hard to comeby as companies are still catching up with their lost income in last 12 months. The oil "supercycle" happening now as some companies have called it hopefully brings in more positive news.
ATS Price at posting:
4.7¢ Sentiment: Buy Disclosure: Held
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