Ann: Austin strikes Oil in Colorado-AKK.AX, page-173

IMO the market is probably waiting for confirmation of the drilling.

Theses numbers from Gustavson and Associates are encouraging...

Gustavson and Associates estimates that the Pathfinder Prospect contains

(i) Proven reserves of 16.940 MMBbl;

(ii) Probable reserves of 21.760 MMBbl; and

(iii) Possible reserves of 28.360 MMBbl.

http://austinexploration.com/wp-content/uploads/2013/08/Independent-research-report.pdf

Gustavson Associates is an oil, gas, and mining consulting firm with over 30 years of extensive international experience.
http://www.gustavson.com/