AKK 0.00% 0.3¢ austin exploration limited

third quarter report good plans / reading , page-63

  1. 1,627 Posts.
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    I was only referring to a well collapse as the worse case scenario. If there was a well collapse I suspect AKK would be "reviewing all options" then announce that it has collapsed.

    I suggest that investors try to talk to people that works in the area and understand what are the problematic elements that they face when they drill to 3000ft.

    I called around in January and February to drilling companies in the oil&gas sector masquerading as a potential project investor looking for services. Took a bit of time but very helpful. Going by company presentations along is a no-no. Of course the presentations will fluff on about the "aggressive objective".

 
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