Did GGP ever have free flowing oil from any wells drilled and did they ever have a farm out that is looking to be extremely positive.
AKK will re-coupe any losses from other punts taken, I see some AKK holders are on LNR with a mc of 400mill and producing around 3500-4000 barrels per day with a big debt finance in place.
Go figure that one out....yes they have acreage but at the end of the day when it costs 1mill to put gushers into production?????
AKK will meet LNR on production within twelve months imo but much less expenditure.
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