AKK 0.00% 0.3¢ austin exploration limited

Ann: Appendix 5B and Activities Report, page-19

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  1. 2,647 Posts.
    Where did all the revenue come from Wazza, can you enlighten us all what projects contributed what. The selling price Akk achieved for oil sales, Did akk sell just oil, or where there some gas sales. Daily production numbers, that show what Akk actually got money for not NET production numbers which include farm in barrels not paid yet to akk. Breakevens for each project, to show us if they are profitable in this low oil environment. Why are they stopping drilling, the life blood of oil and gas companies, one can understand reducing drilling activity, but to suspend them until oil prices go higher?

    As for 10 cents being a long way off, I agree with you, for me, 5 cents looks like a stretch
 
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