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Ann: Significant amounts of Oil & Gas evident in Magellan 1 well-AKK.AX, page-16

  1. bevter
    25,625 Posts.
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    01/11/16
    10:53
    Post #: 20275985
    Significant amounts of Oil and Gas evident in Magellan # 1 well • 1,400ft of well bore full of oil with significant hydrostatic pressure, natural gas • The reservoir has potential to deliver meaningful oil and gas production • Production facilities have been ordered and are on location for construction • Initial oil production rates are expected within days
    AKK Price at posting: 0.7¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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