"Surely debt financing must be possible to cover AKK's share of the drilling costs?"
Its getting to that point me thinks.
The decider will be the AKK nets from the 4 wells. Regardless, we don't have to look for money until the free-carried stuff is out of the way, by which time, there is a high probability that Pathfinder oil will be added to the mix, and possibly a result at Pierre so yes, this is truly a company making year.
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- 1st birch well = 1066 boe/d per hk preso
1st birch well = 1066 boe/d per hk preso, page-2
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