Hi Autosime it is possible the oil field they have in Colorado is world class it is next to the Florence field which had around 150 wells on it and produced for over 100 years . You posted BBLs per well for that field from recent drilling , and stated at the flow rates obtained it was currently uneconomic , however maybe the flow rates were low due to previous depletion , and it is possible AKKs field will not have been impacted by that depletion ?
I have lost a lot of money on AKK in the past (was one of the largest holders) so yes I am weary of them .
AKK Price at posting:
0.7¢ Sentiment: None Disclosure: Not Held