"Hey all looking to get in at 3c tomorrow, my question is when is the market expecting this next announcement, and among those here who is looking at this company as a long term investment (1year +) and who is here for the short term gain."
The announcement for the oil flow rates for the Birch 3 well in Texas are expected this week, they were flow testing over the weekend. They have already announced gas flow rates from this well, see last announcement.
They are concurrently drilling a horizontal in Colorado which will be followed by another horizontal in Colorado.
Go have a read of some of the recent announcements and see there web site here
http://austinexploration.com/
Richard Cottee who was previously with Queensland Gas is our chairman, this guy knows his stuff and knows the recipe for a successful business which was proven with Queensland Gas.
Have a look at PEL 105 in the Cooper Basin in SA.
I'm still learning about the company myself but if you read through the threads you will soon pick plenty of information.
Just watch these guys in here though, they love to get naked and party.
JW
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