AKK 0.00% 0.3¢ austin exploration limited

Ann: AKK completes $1.65m Placement to Advance Pathfinder Project-AKK.AX, page-60

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  1. 717 Posts.
    lightbulb Created with Sketch. 24
    I had a quick peruse of the 2016 annual report out today .
    Page 10. A minimum of three Pierre wells is planned for 2017 .Doesn't seem like the company is gearing up to rapidly expand to 300 wells Bruutz.Even if they were going to do 1 well a month like you suggested don't you think they would have said so.
    AKK keep talking about their virgin land, not being drilled on before by anyone else but they don't refer to past drilling by themselves.
    It's in the 2015 annual report.
    "3 Pierre wells currently under evaluation with natural gas hydrocarbons present in 2."
    I don't think these wells have ever been put into production.
    Let's hope their seismic is better this time otherwise you don't want history repeating itself.
    Just saying.

    Jim.
 
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