Email reply I had back in June in regards to Birch flow rates, didn't really get the answer I was after:
Dear Mat,
Thank you for your email and I apologise for taking so long to get back to you.
Yes, a lot going on and very exciting times for Austin right now. As a part of the proposed transaction on our Birch property, we will also be selling a 70% ( same as farm-out) in our current wells. Once Complete we will jointly work on a plan to maximize production from the existing wells and will be doing so with the support and assistance of a multi billion dollar oil co.
Thanks again for your kind wishes and hope we can deliver on our promise of creating value for our Shareholders.
Sincerely,
Guy Goudy President AusCo Petroleum Inc Chief Operating Officer and Executive Director Austin Exploration Limited
AKK Price at posting:
1.1¢ Sentiment: Hold Disclosure: Held