AKK 0.00% 0.3¢ austin exploration limited

Takes 30 secs to check this. Here is the screen shot for the...

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    Takes 30 secs to check this.

    Here is the screen shot for the forums review

    AKK-COGCC-2016-Production-Data-IOG.jpg

    Again just going back to IOG noting $11/BO Gross Margin for H1-16  (note no gas is sold)

    Gross Margin H1 = (1,762+1,652+1,793+1,624+1,719+1,654) * $11 = $112,44

    Yes that is the Revenue IOG received that they can spend on salaries, paying interest/principal (if any) and re-invest back into the business.

    And these figures are gross production (before royalties ... but this was subtracted in the Gross Margin). It answers a previous question as to whether the 52 bopd was before or after royalty. I believe it s after royalties have been deducted as 1,603/22 = 73 bopd and with 25% royalty that becomes 55 bopd

    Your welcome. Those are the facts.
 
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