Given that AKK's well is exceeding expectations just like WPX Energy. I will be hoping shortly Richard Cottee will be making a similiar statement just like the CEO said in your article “We know the Piceance is a world-class asset. Now the results of our Niobrara well are showing that our acreage has even greater reserves potential.”
Currently AKK has a P50 40 million barrel resource. I'm stating the obvious but an increase in reserves will mean an increase in the SP.
AKK Price at posting:
3.0¢ Sentiment: None Disclosure: Not Held