AKK 0.00% 0.3¢ austin exploration limited

I count 9 wells announced, with 100% strike rate the last Ann...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,974 Posts.
    lightbulb Created with Sketch. 57
    I count 9 wells announced, with 100% strike rate the last Ann said that the well break even point is 12 months, and that is based on current $ barrel price
    The Saudi' have had enough of their play to drive the oil price down, they simply cannot afford it any longer.
    The Russians are bombing oil tankers in Siria, they fave had enough of the the oil price too, same reason the can't afford it
    Akk which has continued to drill wells through this tough oil price time are well placed to reap a reward
    (Of to check exactly what they own and what % income is theirs)
 
watchlist Created with Sketch. Add AKK (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.