AKK 0.00% 0.3¢ austin exploration limited

Ann: Quarterly Activities and Cash Flow Report, page-10

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  1. 3,225 Posts.
    lightbulb Created with Sketch. 40
    They need to fix up their reporting, their biggest asset in Texas is on the market for 7-9 mill at a guess and not one mention of it in the quarterly.
    Is it shut in, is it pumping, has the decline rates been in expectation??
    What's going on with the gas plant - no mention.
    What happened to the well that was drilled with the oil spewing everywhere that was plastered all over the net, I believe they were waiting on results from the lab?? No mention.
    I do take my hat off for drilling themselves ala Backyard Oil style but it comes across as blowing their own trumpets instead of giving a basic and upto date quarterly. Cheers
 
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