Aok is due to announce its august production. My estimate.... 20 wells produced 740 bod in july...a record. There are 5 or 6 new wells of which 3 will only start producing when hooked into the new 3rd hub this month. So there are 2 additional wells contributing to the august result. However the additional wells were not hooked in from the start of august...some time during the month.
I reckon an additional contribution of around 60 bod. Therefore , all being constant we should see 800 bod + or- in the announcement.
Well on the way to the 1000 bod they consider certain to be met this quarter.
Fox
AOK Price at posting:
13.0¢ Sentiment: LT Buy Disclosure: Held