Funding is the key to akk. The shale wells are expensive to drill, you need lots of capital upfront, otherwise the decline will destroy you. Good fast cheap drilling is required for shale oil.
For me Akk is a screaming sell, because of lack of capital, low oil prices, shares issues to come, and pathfinder development and drilling costs, and lack of transparency pathfinder production
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Ann: Funding Update, page-102
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