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Axp Energy Ord Shs AUNXF

AXP Energy Ltd. is an oil and gas production and development company. The Company’s segments are defined by geographic area within its Oil & Gas basins in the United States: Appalachian Basin, Denver-Julesburg Basin, Illinois Basin, and Corporate and other. The Appalachian Basin is situated primarily in the Eastern part of Kentucky, Western Virginia and North-Eastern part of Tennessee; these assets are situated in a well-defined gas producing area of the Appalachian Basin. The Denver-Julesburg Basin assets are situated in the historic Florence oilfield and are geologically defined by the Canon City Embayment. The Illinois Basin is spread across Western Kentucky, situated in the heart and prolific section of the basin. Its formations of interest include the Palestine, Waltersburg, Tar Springs, Hardinsburg, Jackson, St. Genevieve, O’Hara, McClosky, Warsaw and Fort Payne. The Company has primary operations in Kentucky, Illinois, Indiana and Colorado.


OTCPK:AUNXF - Post by User

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Post by CountOfMeltedCriscoon Oct 25, 2021 3:05pm
129 Views
Post# 34046477

This is worth a look

This is worth a lookFirst all the caveats : 

1.  Primary exchange is ASX in Australia 
2.  Way too many Shares ( see Caveat #1 ) 
3.  12-hour trading day difference
4.  AUD$ / US$ exchange rate "friction" 

That said, the operations are in the U.S. and they price in US$. 

As O&G get hotter and hotter as the ESG crowd keep taking a Lifetime Supply of Stupid Pills every morning, all these little plays will pay off big just as they did back in the early 80's during that energy rush. 
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