Austin to Raise $25 Million to Fund High Impact Multi-Well Drill Program at its Significant Eagle Ford, Niobrara Shale and Mississippi Wilcox Projects • 2 new vertical wells and 1 horizontal well to be drilled at Austin’s Eagle Ford Shale Project • Austin’s recently drilled Eagle Ford well to be tested back to back with the next Eagle Ford well • 2 new horizontal wells to be drilled at Austin’s Niobrara Shale Project • 1 new vertical well to be drilled at Austin’s Mississippi Wilcox Project"
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That looks very promising. It will be interesting to see how this shapes up once the capital raising is completed.
AKK Price at posting:
3.3¢ Sentiment: None Disclosure: Not Held