A O Smith Corp V.AOS

Primary Symbol: AOS

Industrials

A. O. Smith Corporation applies technologies and solutions to products manufactured and marketed worldwide. The Company operates through two segments: North America and Rest of World. Both the segments manufacture and market a comprehensive line of residential and commercial gas and electric water heaters, boilers, tanks, and water treatment products. Its Rest of World segment is primarily comprised of China, Europe, and India. The North America segment serves residential and commercial end markets with a range of products, including water heaters, boilers, water treatment products, and other. The Company also manufactures expansion tanks, commercial solar water heating systems, swimming pool and spa heaters, related products and parts. Its Lochinvar brand is a residential and commercial boiler brand in the United States. Its water softener branded products and problem well water solutions include the Hague, Impact Water, Water-Right, Master Water, Atlantic Filter and Water Tec brands.

NYSE:AOS - Post by User

A O Smith Corp

Bullboard Posts

Post by vindaloo_u2on May 27, 2008 5:52am

499 Views

Post# 15112899

Some Presentation Highlights

Expect to prove 1.4 – 2.5 billion barrels of potential recoverable bitumen resources.
(They now have at least 4 wells per section in the West and East Project of Clearwater on 4 sections....probable reserves can now be stated from these sections...100-200million barrels??)

2009 Capital Budget -Resource delineation and Project Planning and Execution

150 core holes $50 million.

Potential total production range: 70,000 to 120,000 bbls/d, 3 possible projects identified

• Cash in Bank (May 1, 2008): $12.0 million

• Credit Facility (no debt) $ 5.0 million

June 2008

• Updated Independent resource report