strong buying

Very strong buying on open.

As previously posted Managing Director Laurence Roe has advised that the well has encounted commercial quantities and will now be completed as a producing well. With the potential for a minimum of 64 wells to be drilled in the area cash flow over the coming months and years will be greatly enhanced.

Potential market cap of 200mill plus imho.

"Drilling of the first well, BOA 12
#1, commenced on 10 September 2011
with the well reaching Total Depth on 2
October 2011 and encountering sufficient
oil and gas shows in the Wolfberry and
Fusselman sections for it to be completed
as a producing well. Additional potentially
commercial oil shows were noted in the
shallower San Andres formation."