Pathfinder Project Remains Economic in Low Oil Price Environment • Pierre formation economical at $40+ p/bbl – significant upside when prices rise • Does not require expensive horizontal drilling or fracking • Drill rig fleet rental agreement allows wells to be drilled for USD$500k • Austin’s 15,773 acre property large enough to support 390+ Pierre wells with long term and large scale development program
AKK Price at posting:
0.7¢ Sentiment: Hold Disclosure: Held