"The Sugarloaf AMI comprises a lease area of over 23,700 acres (93 square kilometres (?km2?)). This area falls entirely within a broad 200,000 acre area known as the Sugarkane Field which is comprised of the combined Austin Chalk and the Eagle Ford Shale. A diagram of the AMI is shown below."
Hance AWE's 10% stake represents 2,370 net acreas. AUT has other acreage in the area.
Regards
SP
AWE Price at posting:
$1.32 Sentiment: Hold Disclosure: Held