AKK 0.00% 0.3¢ austin exploration limited

Ann: Austin strikes Oil in Colorado-AKK.AX, page-139

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  1. 10,867 Posts.
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    Not really if you looked at the link I posted the field metrics show that flow rates in the field and especially in the two formations they are drilling the flow rates are fairly low. At 650k per well thy will need quite a few wells and the return on investment will be dependent on the flow drop over time.

    All the information is there but it doesn't suggest a huge oil gushing profit machine in this field.
 
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