When everyone is saying 10 times higher etc, what ballpark production flows are you expecting? AKK have clearly stated they expect production flows to be in the range of 150-250 mcfd. If people are expecting higher it is likely they will be disappointed. The absolute open flow rates may be '10 times higher' but that means SFA when compared to production rates. 15 wells producing at 200 mcfd is only 3 mmcfd! Or $25,000 gross per day.
AKK Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held