AKK austin exploration limited

Ann: Armstrong Oil Prospect Acquired Mississippi , page-11

  1. 5,079 Posts.
    re: Ann: Armstrong Oil Prospect Acquired Miss... yes it would amaze me if TW did hold,
    if so why he continues to be so negative

    yes it was down on open, so what

    the market probably expects news on PEL 105 now and don't want anything else.

    PEL 105 will be soon, if I were to guess I would say early April if they are still going to wait on the rig that is booked,
    or maybe they could source another rig earlier,

    if they can get a rig for this one maybe they could find another to get to PEL 105 earlier.

    Let's see, but this is a good project, spudding in 2 or 3 weeks so we will soon see if this one is commercial.
 
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