Mr. Tim Hart, Austin’s COO, who is the drilling operator and is directly managing all well-site operations, commented: “We have been methodically de-risking our exploration which led us to the location to drill this well. To see this much oil at this early stage is a great sign and indicates that a significant hydrocarbon system is present and certainly gives us a great deal to be optimistic about.”
Ann: Austin strikes Oil in Colorado-AKK.AX, page-223
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