AKK 0.00% 0.3¢ austin exploration limited

Ann: Significant amounts of Oil & Gas evident in Magellan 1 well-AKK.AX, page-60

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  1. 6,896 Posts.
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    Imo long as the wells produce handsomely who cares abount CR.

    Iam amazed they got these 3 wells done under $1.5m and if they produce 1000bpd between 3 wells .

    CR raise wouldn't be under .02 if all 3 wells are flowing above 500bpd.

    I really like the way management have schedule the drilling first and then flow testing all 3 in one go.
 
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