KOG kilgore oil & gas limited

elguidoaround 96m shares on issue, that is working on the fact...

  1. tdg
    144 Posts.
    elguido
    around 96m shares on issue, that is working on the fact that issue was oversubscribed and closed early
    FYI prospectus also states that there will be a 1c loyalty option issue sometime in next few months with a strike price of 20c.

    Upmach prospect spud shortly, this is the largest of KOG targets 7 - 28 bcf (1-4 bcf net to KOG) includes 4x potential targets vertically stacked

    Vermillion block 141 prospect is 1st of offshore targets to be drilled early September with Apache as operator. Drill success rates in this part of the gulf are over 60%
    2x targets with potential for between 21 - 41 bcf (1.96 - 3.73 bcf net KOG). Any commercial success can easily be tied in to existing production infrastructure.

    sp cheap imo this close to drilling
 
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