Ann: AKK expands asset base in Colorado with acquisition of adjac, page-13

Bevter, the number is 52 boepd (between 22 wells mind you, an average of 2.4 boepd/well, so there must be a high shut-in ratio) - I would want to know the oil/gas split because that effects the value significantly.

Another question I would ask is what's the results for wells 2 & 3 for current drilling program - why have they not said anything about that, or published the 30 day IP number.

A 3rd question is how much will there be left after acquisition to actually drill more wells? I would have thought the money would be far better spent drilling more wells on their own land given they have so many locations to drill already.

You may think the announcement is positive, but I'm tipping the market will disagree and the SP will reflect that.

Cheers, Sharks.