On the AKK HC thread, Sector Lead notes that "We start our first...

On the AKK HC thread, Sector Lead notes that "We start our first Niobrara frac today!" The result of that frac should be known and released at the AKK AGM at the end of November.

As announced in today's ASX release by IOG:

"Austin Exploration has drilled two wells adjacent to IOG’s Florence operations, just 300m to the west of IOG’s leases. On October 15th they reported that the vertical pilot hole had intersected 95 ft of net pay in the Niobrara Formation, which underlies the present main zone of interest for Incremental. Austin report an average porosity on 9.8% in the Niobrara and are planning a 16 stage frac job on the second, horizontal well drilled from the same surface location. Any success in this horizontal well will substantially upgrade the deeper prospectivity of the Incremental leases at Florence."

Add to this "substantially upgraded" Florence Niobrara lease the anticipated successful drilling of the Patti Sidetrack and Aurora wells which have been permitted for drilling in the Florence Oilfield in November, IOG is set to be substantially re-rated!