AKK 0.00% 0.3¢ austin exploration limited

Ann: Pathfinder Project remains Economic in Low Oil Price Environ-AKK.AX, page-3

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    Pathfinder Project Remains Economic in Low Oil Price Environment • Pierre formation economical at $40+ p/bbl – significant upside when prices rise • Does not require expensive horizontal drilling or fracking • Drill rig fleet rental agreement allows wells to be drilled for USD$500k • Austin’s 15,773 acre property large enough to support 390+ Pierre wells with long term and large scale development program
 
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