AKK 0.00% 0.3¢ austin exploration limited

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  1. 4,148 Posts.
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    Email reply I had back in June in regards to Birch flow rates, didn't really get the answer I was after:

    Dear Mat,

    Thank you for your email and I apologise for taking so long to get back
    to you.

    Yes, a lot going on and very exciting times for Austin right now. As a
    part of the proposed transaction on our Birch property, we will also be
    selling a 70% ( same as farm-out) in our current wells. Once Complete we
    will jointly work on a plan to maximize production from the existing
    wells and will be doing so with the support and assistance of a multi
    billion dollar oil co.

    Thanks again for your kind wishes and hope we can deliver on our promise
    of creating value for our Shareholders.

    Sincerely,


    Guy Goudy
    President
    AusCo Petroleum Inc
    Chief Operating Officer and Executive Director
    Austin Exploration Limited

 
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