Ann: Austin strikes Oil in Colorado-AKK.AX, page-29

If my AKK facts are correct...
* 374 million shares on issue
* 29% of these (108 million) held by top 20 shareholders
* As at 11am EST 109 million shares traded since todays opening (May 26, 2016)

Hopefully production testing will deliver commercial flow-rates that are sustained over the months testing.
* Initial production rate tied to density of natural fractures in the rocks penetrated by the drill over the 790ft column
* Sustained production performance (decline rate) tied to the degree of lateral connectivity of the fractures penetrated by the well to other fractures away from the well bore.

Interesting times ahead.

King regards OldGeo