AKK 0.00% 0.3¢ austin exploration limited

Ann: Drilling Underway at Austin's Forth Well, page-11

  1. 1,304 Posts.
    re: Ann: Drilling Underway at Austin's Fo... "My thoughts are that going for oil in the Pierre formation means they can truck it out, monetise it ST until they have the pipeline to deal with the Pathfinder gas sorted before going back and completing the 2nd hori on that vertical well.

    Would make sense."

    Agree, its the only option until the pipeline is ready.

    If their expectations pan out and its good to go 2H, AND they get an oil discovery in the Pierre, its really going to light the fires. Those acres are going to be a lot more valuable also

    Picked up that million yet SL?
 
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