Thought some of you might be interested in the following comments from Alex Clark. Can any of you read between the lines here? IMO AOW aren't concerned with what the oil price is currently at. I think they are more interested where the oil price will be in 12 to 18 months. The drilling and the proving up of our acreage is the aim over the coming months IMO.
Im very excited now!!!
American Patriot CEO Alexis Clark said, “Drilling this first horizontal well is part of a four well program and has the potential to be a company making event for AOW. Success on these wells could unlock a new, tight oil resource with the potential to create significant acreage value and upside for our shareholders. Importantly AOW is free carried with no cost caps on the first two horizontal wells”
AOW Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held
