Australia's largest stock trading and investment forum Australia's #1 stock forum

AKK

Click for more information

0.00%

0.3¢ austin exploration limited

http://austinexploration.com/operations/colorado-pathfinder-niobr...

First 61 Last

Share
Profile

Follow
Michaeljob

3,756 Posts.

963

29/09/16

22:50

Post #: 19523342
Share

Originally posted by Dianella 68 ↑

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.

Expand

http://austinexploration.com/operations/colorado-pathfinder-niobrara-usa/

Yes they have already drilled a few

AKK Price at posting: 0.7¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

Trump is President Again: What Does This Mean for Crypto?

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

NHF

Burgeoning NZ insurance claims drive 1H25 operating loss for nib

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

ACW

Actinogen receives $9M R&D tax rebate to fund Alzheimer's trial

First 61 Last

Add AKK (ASX) to my watchlist