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Advantagewon Oil Corp ANTGF


Primary Symbol: C.AOC

Advantagewon Oil Corporation is a Canada-based company. The Company is focused on delivering cost-effective power solutions, which is a core element of StarVolt’s solar skin technology, with a rejuvenated focus on StarVolt’s line of New Energy Vehicles (NEVs) and sustainable mobility networks. Its subsidiaries include Advantagewon Oil US Corporation (USA) (AOC US), Ainslie Oil Corporation (Canada) (Ainslie), Albaro Oil Corp. (Canada) (Albaro), and Plutus US Oil Corporation (USA) (Plutus).


CSE:AOC - Post by User

Comment by LeCordonDudeon Sep 20, 2018 8:39pm
231 Views
Post# 28660580

RE:RE:AOC

RE:RE:AOCDoubtful that management was being sarcastic in a press release. You seem to have missed a keyword in the release, namely : low-cost. Upon research of known wells in that area, i have found that a typical producer can be maintained for $150 or less. That being said, if the 15 wells could produce one-half barrel per day then their cumulative production would be some 225 Bbls per month for $15,750 gross monthly revenue($13,500 after monthly expenses) at a cost of $2,250 per month. I like those economics. The wells in that play have long lives, and if there is additional acreage that came with this property, then more wells could be drilled thus setting this company up to produce for decades- with steady, predictable and reliable production the likes of which could be spun off into a monthly paying oil royalty trust at some point, thus giving them more capital, to initiate more large-scale production opportunities. This company is not Suncor, but is shaping up to be the next, and the time to buy is now...... at .035 instead of at 35.
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