AKK 0.00% 0.3¢ austin exploration limited

Groundhogggg, page-7

  1. 10,989 Posts.
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    That may be Adriano, but your reference was HK wells being 150%. Shale is about the average well - the type curve wouldn't you agree? I mean you even say average rate of return and you reference a 500K 20 yr average.

    I'm just pointing out that for those not so familiar that there is a certain amount of "inaccuracy" in the post.

    And Halliday field is a Woodbine prospect (per HK description) - and I'm sure you are aware that HK disposed of its Woodbine assets early in 2014 for about $450M (Halcón sold assets that include about 83,000 net acres primarily located in Leon, Madison and Grimes Counties, Texas. The properties produced an average 3,800 barrels of oil equivalent per day (BOE/d) in January. As of Dec. 31, estimated proved reserves were 16.3 MMBOE, 39% of which was proved developed.)

    http://www.oilandgasinvestor.com/Ac...0-Million-Woodbine-Divestment-For-2014_129906

    I won't bother with the EUR slide as it has IRR in the mid 50% range also for the type curve also.

    Just keeping it real that's all.
 
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