I like your thinking! And what you say is confirmed by this...

I like your thinking!

And what you say is confirmed by this comment from AKK's latest announcement...

"The 491 acres acquired lie directly contiguous to where the Company is currently drilling a three well program. Austin’s existing high definition 3D work indicates that extensive natural fracturing extends over the newly acquired acreage. The highly fractured areas found within the Pierre formation provide optimal storage for crude oil accumulations."

If the wells were duds (as the downramper states) - why would AKK purchase a further 491 acres 'directly contiguous' to where it is already drilling?

I feel a big line wipe coming =) - I have already moved my sell from 0.008 to over 1c.