AKK 0.00% 0.3¢ austin exploration limited

Research report from 2014

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    At this point of time it have 2billion shares. Now it have 860million shares

    Pathfinder Project - Colorado- 100% owned - MMBbl - 16.94

    Mississippi 237,810

    Kentucky 51,931

    Gustavson and Associates estimates that the Pathfinder Prospect contains (i) proven
    reserves of 16.940 MMBbl; (ii) probable reserves of 21.760 MMBbl; and (iii) possible
    reserves of 28.360 MMBbl. Given the company has not disclosed details of the
    agreement we have assumed that AKK’s net revenue interest (NRI) is 69% - 92%
    working interest less 25% royalty (92% accounts for the assumed 50% interest GPA has
    in the sale of heavy gases).

    http://austinexploration.com/wp-content/uploads/2013/08/Independent-research-report.pdf
 
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Currently unlisted public company.

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