AKK 0.00% 0.3¢ austin exploration limited

now i understand a bit more of what is happening the first post...

  1. 4,058 Posts.
    now i understand a bit more of what is happening the first post is clearly wrong
    "We are looking at 2650-3000 MCF/per day per well... Making it a $7 to 8 mil US Dollars per year per well..."
    From the announcement isn't it 265mcf to 300mcf AFTER its stimulated and not before? they are going from 29mcfd to 300 after stimulation - not 300 to 3,000
    so divide your result by a factor of ten for each well
    unless ofcourse you guys get another 108 wells producing with the same production figures then your number will be true
 
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