AKK 0.00% 0.3¢ austin exploration limited

floyd said what now?, page-41

  1. 2,613 Posts.
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    Sector,

    At the moment I'd guess SEA are similarly looking at ~120,000 BOE 12 month performance based on their production curves, but they've only been drilling 5,000-5,500 feet laterals. They're transitioning more to the 7,500 feet ones now though, which should see some significant gains. Their wells are very choked down.

    RFE on the other hand is a complete mystery. They only really report IP's/some 30 day figures, so we can only assume the LT results are disappointing given the company's reluctance to report. They'd probably be more like 40,000 BOE in 12 months, but the wells are half the cost.

    Halcon's results have definitely been really impressive to date, AKK's Eagleford project is looking very nice at the moment. I've definitely got question marks over the Colorado one though.
 
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