AKK austin exploration limited
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Ann: Pathfinder Project remains Economic in Low Oil Price Environ-AKK.AX, page-3

  1. bevter
    26,692 Posts.
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    19/09/16
    11:30
    Post #: 19249355
    Pathfinder Project Remains Economic in Low Oil Price Environment • Pierre formation economical at $40+ p/bbl – significant upside when prices rise • Does not require expensive horizontal drilling or fracking • Drill rig fleet rental agreement allows wells to be drilled for USD$500k • Austin’s 15,773 acre property large enough to support 390+ Pierre wells with long term and large scale development program
    AKK Price at posting: 0.7¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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