ATXDF ~~~~~ Some other things that I love about this stock:
From the latest quarterly report:
1. Improving cash flow over the quarter
2. Cash and short term investments on hand at end of quarter were $1,172,848. Production for the first weeks of January 2012 had increased to an average of 215 boe/day as a result of the completion of the two Mississippi Lime wells on the East Tonkawa Unit in Northern Oklahoma.
3. The Mollhagen #8 well was drilled successfully to TD at 3,309 feet and logs and samples confirmed the presence of
producible hydrocarbons over two intervals in the Arbuckle Limestone between 3,175 feet and 3,237 feet.
The well has been completed for production testing and is awaiting the final installation of surface facilities. Testing is
expected to commence this quarter.
Additional drill locations have been identified within the lease area with drilling to be scheduled later this calendar year.
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