25th Sept Annual Report: As announced to the ASX on September 12, the Kentucky business unit achieved a 25% production boost adding to essential operating cash flows.
A 3-well, low-cost drilling program is underway in Kentucky with a view to further increase levels of production to 40 BOPD. Material results will be released as they come to hand.
I am expecting some good results from the 1st well this week. The 3 wells are to be drilled one after another. -Hilltop
AKK Price at posting:
1.0¢ Sentiment: LT Buy Disclosure: Held