AKK 0.00% 0.3¢ austin exploration limited

Ann: Independent Experts Report on Eagle Ford , page-22

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  1. 9,544 Posts.
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    Just a small point. They shouldn't be calling the figures on page 2 "reserves" but probably ok given they have added the word "potential" before it. Should be "potential resources". Question for the forum, the resources they have calculated per well, do they qualify as P50 or P10?

    Switch fair point about the vagueness of the resource per well but can't see how they could have quantified it more accurately without doing some drilling.
 
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