AKK 0.00% 0.3¢ austin exploration limited

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  1. 35,472 Posts.
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    "Does anyone know about relation of results from vertical well and Horizontal well?

    AKK had 95 bopd from EFS (vertical well)

    I'm having a beleif that horizontal well be a sure success and need to see what IP rate it produces in first 24hours

    My gusess is minimum around 7 or 8times of 95 = 720 bopd."

    Yes, close. AKK have stated they expect 8-10x vertical result...so I think Halcon will do it.
    700 = good
    900 = great
    1000 = outstanding

    Under 700 would disappoint the market imo.
    But we all know 90 day production is best guide for payback + EUR.
 
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