A good result but no cigar !
Still need a cap rasing very soon !
The $40 million debt funding might hold off a CR for this year but cashflows will still be a major worrying issue next year, so a CR early next year is still on the cards.
AKK is still a long long way to becoming self-funded without additional share holder capital.
Ann: Second Eagle Ford Well Flows 20,550BOE in First 30 Days, page-87
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