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Atikwa Resources Inc. V.ATK

An oil and natural gas company


TSXV:ATK - Post by User

Post by DrillinisThrillinon Nov 25, 2011 1:11pm
374 Views
Post# 19267695

End Game

End GameAfter the fracking of the current 3 wells and the drilling/fracking of the next two wells (scheduled for December)- they should have proven up a reasonable percentage of the Manitoba asset. Since Porcupine Hills is now on the shelf and Windfall was never farmed out - this leaves Roncott as the 2nd operational property. IMO - they need to do the minimal necessary work to add value to the Roncott play and put up the 4-sale sign. With the "company-maker" property no longer a possibility --- the future only holds more 100 boe/d wells. Although they add value to such a small company --the enhancement of the share price will probably be minimal with each well. So -it seems like time to get out with whatever we can get and move on to the next great Canadian junior exploration company.
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