Fort Peck 6-32 well IP’s at 508bopd at the Lustre field, Montana
American Patriot - oil producer less than 4 months after listing
First conventional well - Fort Peck 6-32, IP’s at 508 bopd, settles at 216bopd
Producing from Upper Mission Canyon zone, a secondary target
Best targets still to be tested
Second conventional well drilling end of November – 17 well programme
Validates recent company making JV and acquisition of the Lustre field
First of four horizontal unconventional wells due to be drilled November 2014
(AOW free carried)
AOW Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held