AKK 0.00% 0.3¢ austin exploration limited

Ann: Marco Polo 1 Well Deviated Drilling Operations completed-AKK.AX, page-12

  1. 19,194 Posts.
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    KOKO, back to your question about 2nd well.

    AKK don't usually say if anything bad goes wrong (in past they have just kept quiet - eg Birch 3 flowback), so hint of some difficult drilling this well means all did not go to plan.

    "Hydrocarbons evidenced" (weak words) is not the same as first well statements.

    Then fractures - caverns. Well if they are oil filled, that would be great news BUT difficult to cement...but they didn't say.

    There will be no news on flowback rates/ IP until end OCT now imo...if they are only starting all 3 end Sep...so about 7 weeks away.
    Last edited by Sector: 01/09/16
 
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