Hi all
Update from Kenny in full with his kind permission.
Regards Lukeben
"xxxxx,
I’d love to be more specific with this reply but I just can’t pass along any details beyond what we have already released. The gas plant is still scheduled to come online in early October and that is a key component to relieving gas pressure off the oil wells and being able to sell any gas from the remaining, non SRS completed wells.
We are actively pursuing additional acreage and also trying to complete some operational agreements that will drive our current drilling and completion expenses lower. Just remember, 17 wells are already drilled and many of those have the same oil producing corniferous formation that our first four wells did. We now have some cash flow and just as importantly we have the patience on the management team to do this correctly.
Feel free to post.
- Forums
- ASX - By Stock
- AKK
- update from kenny
update from kenny
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)