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 Feb 06, 2010 5:50am

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Post# 16758679

Drilling Program etc

Drilling
The company stated on December 3rd:

'Up to 10 core holes are planned at the Company's 50% working interest Hangingstone (Halfway Creek) acreage; the Company's joint venture partner in the area will be the operator of this program

The company stated on December 3rd:

which will target bitumen in the McMurray formation. Additionally, a 6 to 8 well coring program

has been budgeted for the Company's 100% working interest oil sands leases in the area. The

winter coring program is also expected to include the drilling of core holes at the Company's Algar

Lake, Clearwater East and Clearwater North lands.'

Connacher has now drilled 11 wells on Halfway as of the 5th.
The conventional wells seem to have been spudded by AOS (under partners name) but I can't find anything relating to the additional 6-8 wells which were supposed to be drilled in the other oil sand properties...anyone know what's going on there?

Africa
AOI (drilling in Kenya) is going deeper than before (circa 5000m) with their Chinese partner. Should reach TD fairly soon. Will be interesting to see what they find down there.

Shorts
In relation to shorts....we're still at basically nothing (2500 as of the 4th).....extremely encouraging and quite odd considering they had half a million after the previous run in october.

and yeah, the trading recently has been bizarre...no idea what 'the powers' are working towards but it doesn't look like they want it to go down.