AKK 0.00% 0.3¢ austin exploration limited

Continuing the most basic review of the production data filed by...

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    Continuing the most basic review of the production data filed by IOG (that would be the fact of the matter)

    Screen shot of production per well so far in 2016


    AKK-COGCC-2.jpg

    So 10 mths reported in 2016. Someone here suggested 3 - 5 bopd as minimum ... @whisky49 I believe ... to keep it operating above breakeven. Using the mid point of 4 then we get 4 x 10 x 30 = 1,200 BO

    Looking for wells which have produced 1,200 BO in the first 10 months ... I'll be generous and look for anything over 1,000:

    That would be just 7 wells.

    Amazing the insight that facts reveal.
 
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