AKK austin exploration limited

spp timing, page-10

  1. 1,304 Posts.
    "I mean you just don't say lets raise $2.8M and put a couple of holes into Pierre. Hard numbers/measurements/objectives is what I like to see."

    Don't think they're yet available Cmon, That's why the risk here is greater than the funding pressure risks at EFS. Also, that was the PR purpose for those funds-there may be some reallocated if EFS commitments are looming.

    Many sighs of relief when (if) results are good and can begin to profile the quality of this part of the Pierre.

    I note from the presso that piggy-backed the SPP, that the gas processing plant will be in place in 30days give or take.

    As this all starts at the well-head I'd like to think an immediate revisit to Pathfinder-2 is planned so either oil can begin to be trucked out, or lessons learned at Birch applied to this and the vertical well (maybe drill out to longer laterals with better completion tech etc). Cost aside for a minute-wouldn't you want as much horizontal exposure to the producing zones as possible? Seems to be a key characteristic of the HK wells albeit different geo.

 
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