AKK 0.00% 0.3¢ austin exploration limited

Sam, Short(ish) answer... -Growth will only occur when oil is...

  1. 1,304 Posts.
    Sam, Short(ish) answer...

    -Growth will only occur when oil is $90-100+.

    The rest is a moot point.

    That could be next week or next year, I honestly wouldn't have a clue. OPEC meet later this month, and there are some pretty sensitive break-evens in that camp.

    Your questions about economic specifics at Birch have already been answered by the activity on that acreage thus far, but again, reserves are no good to you if its not worth delineating them.

    AKK has no debt, and a survival cash source from both operations and from CHASE, with respect to EFS continuation. What I'd like to know is to what extent AKK has the protection of HK's hedged production.

    Nutshell, dont pay too much attention to habitual management bashing, its reflexive frustration and fear. We're all human after all.

    This is exclusively about a commodity price war.
 
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