Looking forward with AKK, page-8

The production decline rates were reported by Gibson ship brokers in a report announced by 'Tanker Operator'. 19 August 2016.

It concurs with my personal conversation with Guy Goudy (AKK executive chairman) who stated they were being extremely conservative with many of their projected assumptions. I think you will find they will out perform their own assumptions.

Additionally, the shale industry has changed dramatically both technologically and process wise over the last two years creating very low cost oil production ability. This is now becoming quite widely reported from multiple sources.

This is exactly why I am bullish on shale oil and AKK.

That, and considering WTI is currently at $48.57 per barrel one cannot be to bearish.

But hey - by what you read on the HC AKK thread you would think AKK was going to announce bankruptsy on Monday! News flash - they are not.

AKK are incredibly well positioned in this new oil cycle as a low cost producer!