"BTW, don't think of it as a hit, just less WI from that particular well. But also less cost, as shared with third party under agreement.
Assuming said third party is an oiler who can come to the $party and not Jed Clampett. The cost sharing would be crucial if we're still talking 10000 foot Lats. Probably not a whole lot left in non-oil ownership actually.
"We will actual get more drilling locations, and of course, like Stiffy, there is no need to develop these acres until all our 100% horis can be completed, ie years away."
Yep, I get all that SL, I think the whole discussion around the reserves report is just clumsy actually (the need for it, not the postings), and clearly as oft-mentioned herein cobbled together for funding purposes. I'm not particularly concerned about it but AKK interests might be better served if less SH guesswork were needed.
AKK Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held