AKK 0.00% 0.3¢ austin exploration limited

Ann: Commercial Oil Production commences in Colorado, page-82

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  1. 13,065 Posts.
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    It was 6 days from the ann on 1 November which said "While further minor work is required to determine if commercial flows are achieved, the Company expects there is significant potential at Magellan #1. "
    But, they have given no indication at what stage either well is compared to where Magellan was. But, I'd be guessing that we could know both flow rates by end of November and then we can all have a much more meaningful chat.
    Meanwhile, there certainly has not been a continuation of the (minor dump) that we saw on Monday. Interpret that as you wish, but, it certainly is not a negative sentiment in my view.
 
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