Its an interesting question isn't it - just wipe the slate clean and do over.
OK. While we are at it, ICN is a little more than double the MC of AKK. It has 2C resources of what - roughly 0.55TCF net to ICN in the Cooper Basin in highly prospective acreage (28TCF right). If I haven't ballsed up the math that's about 91MmBoe comparatively speaking on the 0.55TCF of gas. You could talk about the cash on hand at ICN etc etc.
Which would you invest in given they both are brand new IPOs and all they got is their acreage and the handful of test wells?
AKK Price at posting:
0.7¢ Sentiment: None Disclosure: Not Held
