kingia has seismic anomaly, page-4

re: kingia-1 oilexploration ! Virtually none , ARQ has been consolidating around $1.02 since the acquisition of the excellent assets of AWE recently .
Euroz has circulated a report update to interested clients that the current 8 well program underlines the downside on the Kingia well not being successful. In saying so , they estimate that Kingia is worth 80c-$1 on top of the current share price . They also mention , that the quarterly due out in 11 days will impress . So , also underlining the current price .
I like ARQ 's conservative approach and feel that this is a quality core stock amongst the oilers.