Armada Oil Inc (fka AOILQ)

[germanium123]

Let us not forget that the Oklahoma ML is not the only formation in Garfield county that produces oil. The Woodford shale below the ML is better as mention here by Screaming Eagle and also there is another formation just below 10,000 feet that some companies are producing oil from and Armada drilled a vertical well 7,500 feet and had a Logging company log it for information but they never logged a well past 10,000 feet. So there is a potential oil producing formation vertical well that can produce oil on a profitable basis below 10,000 ft. I forgot how much oil it produced about 100 barrels per day as I remember. Remember Mesa was producing 360 Barrels Oil daily and had 83 million shares out there Armada has 53 million shares and producing 550 Barrels oil per day and gaining production. So the company has 30 million shares or less to put up for financing we have to wait and see about that. IMO