AKK
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0.00% 0.3¢ austin exploration limited

Ann: Maiden Pathfinder Oil and Gas Reserves & Resources, page-6

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  1. sharks37
    8,420 Posts.
    lightbulb Created with Sketch. 59
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    09/02/17
    12:58
    Post #: 22485752
    Correct.

    So bear in mind the rest of the acreage isn't proven at all, you could theoretically gross that up & you get 4,500/0.11 = 41,000 mbbls (not from a single well location mind you but from the entire acreage).

    Cheers, Sharks.
    AKK Price at posting: 0.7¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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