AKK 0.00% 0.3¢ austin exploration limited

Ann: Trading Halt-AKK.AX, page-33

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  1. 8,472 Posts.
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    What I am finding very interesting in that well data is with Magellan they found a 790ft column of oil before they drilled the deviated section, now with Marco polo and Columbus they didn't mention any oil prior to the deviated section, just that they were drilled successfull, yet that data shows they ran 500ft of perforated casing In both those wells before the deviated section. Why they didn't mention this I don't know but you don't run perforated casing where there is no oil....this bodes well if correct....of course we know there is oil in the deviated sections of all three wells...the plot thickens...

    To me it always seemed strange that they find 790ft column in one well yet no mention off anything in wells that are a short distance away, perhaps they are planning to under promise and over deliver....would certainly make a nice change if that were the case...

    Cheers Whisky
 
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