ecker, please note the long tail of 20 years production suggested.
In my experience, you may as well forget it after 10 years as the maintenance for the tail trickle is hardly worth it. workovers etc (just look at AKKs own Kentucky wells for that)
EUR is key.
Pierre that they use and reference extensively has recovered 15.5m barrels for 1000+ wells.
The true EUR so far is less than 15,000 per well.
Given these guys using mid-point circa 56,000, certainly is stretching the technology limits imo for every well.
One issue in a single well at their drill rate, and you are stuffed.
AKK Price at posting:
0.5¢ Sentiment: Sell Disclosure: Not Held
