AOK 0.00% 1.7¢ austex oil limited

Not much new information but the stats were interesting -...

  1. Dis
    3,746 Posts.
    Not much new information but the stats were interesting
    - production better than type curve (many other producers are revising there type curves down)
    - low cost producer - economic even at very low oil prices. High margins at current prices.
    - new acres are largely contiguous = efficient development
    - new acres do not appear to be from RFE ......potential to buy those when funding approved?
 
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Currently unlisted public company.

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