- ATXDY currently trading at just ~30% of 1P reserve valuation.
- Significant near term overhang creates opportunity to acquire position at or around current valutation.
- Estimated 50% upside in equity valuation once overhang is gone.
AusTex Oil Ltd (ASX: AOK) is an Exploration and Production company that is focused on the development of oil and gas leases in the USA. The company produces oil and gas in Oklahoma and Kansas. AOK holds interests in ~26,000 net acres of oil and gas leases, including producing acreage in the... More