I sold out of AKK when the oil price colapsed but one of the reasons I retain an interest is because of the amount of expense and work that was put into construction of the road into Pathfinder and the Pierre. [ ASX ann. 5-12-2014 ] If you look this announcement up there are photoes showing the hard rock base and culverts that were put in and this is where they will resume drilling in April. Strike oil and the trucks can begin trucking it out on a top class road.
No fracking, no horizontal drilling required, just natural flowing oil.
Hang in there punters.
AKK Price at posting:
0.9¢ Sentiment: Hold Disclosure: Not Held