AKK 0.00% 0.3¢ austin exploration limited

Ann: Significant amounts of Oil & Gas evident in Magellan 1 well-AKK.AX, page-30

  1. 10,883 Posts.
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    I don't think AKK wants gas in that well.

    @bruutz82 ... welcome back

    Perhaps someone would like to check with mgmt wrt to COGCC  Rule 912 ... and I don't mean the exception allowed for testing.

    @markgw ... roughly concur with the calculation of approx 594 Bbls per day coming from 24.75 Bbls per hour which equates to about 991 gallons per hour.

    Now what is in those Bbls exactly? No mention of water and no mention of GOR. 100% oil would be "unusual" wouldn't it?
 
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