AKK 0.00% 0.3¢ austin exploration limited

Ann: Kentucky Oil Production Update, page-2

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    "The Board of Austin Exploration (“Austin” or “the Company”) (ASX:AKK) is pleased to announce further growth in the Kentucky business unit, with record production levels of 48 BOPD achieved in 2014. This increase in production continues to provide a low risk source of cash flow for the Company.

    Austin Exploration’s Kentucky operation has achieved continual growth over the last three and a half years. The Kentucky operation started at 0.7 barrels of oil per day in 2011 and has grown it to a maximum of 48 barrels of oil per day this year. Importantly this has been achieved without any lost time safety accidents and no phase one environmental incidents."
 
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Currently unlisted public company.

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