Today, Incremental Oil and Gas announced an Acquisition of Borie Oil Field, DJ Basin, Wyoming...~94% Interest in the Oil fields for a price of US $900,000. Only producing 60 barrels per day.
Compared to AOW's latest acquisition of 50 barrels of Oil per day with minimal rework to increase to over 150bopd...for only US$430,000...
It seems AOW's management know what they are doing when it comes to acquiring the right properties at the right prices.
AOW Price at posting:
3.0¢ Sentiment: Buy Disclosure: Held
