I'm not banking on AUT making any action upon EKA.I'm banking on...

I'm not banking on AUT making any action upon EKA.

I'm banking on the fact that EKA's Sugarloaf acreage (attributing $0 value to it's 5,200 other EFS acres) is trading at half the value that the average AUT acre is trading at, despite the Sugarloaf by far being better than the average AUT acre. On top of that the Sugarloaf is the AMI with the proven Austin Chalk well (Weston).

I don't expect EKA to be trading at AUT premiums, but the gap is too far imo.

Alot of catalysts in the near-term.

- Funding announcements
- AKK's first vertical well results
- Georesources' Fayette results
- Brioche partner plans
- Sugarloaf Operations update (refer to estseon's quote from the Marathon transcript: "we've got 2 wells going down into what we call the Sugarloaf, Sugarkane area, and we expect that will prove up the concept of the much higher IP wells that some of our competitors are claiming").