AKK 0.00% 0.3¢ austin exploration limited

Ann: Austin strikes Oil in Colorado-AKK.AX, page-56

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  1. V8
    9,963 Posts.
    lightbulb Created with Sketch. 36
    No not so much.

    That 15 million barrels took over 100 years to produce, the field your in is know for being highly fractured and contains lots of SMALL but high quality pools.

    Its not known yet but the chances are this will be a good little producer but will peter out quite quickly.
    Maybe different this time but probably not.

    Anyway well done to holders 60% for the day not a bad payday.
 
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