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Halcon already said the below average wells for Eagleford on the...

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01/09/14

13:54

Post #: 13905181
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Originally posted by whisky49 ↑

There is quite a lot of news coming over the next few months and longer.

1: The results of 4 more Birch wells all safely drilled to TD.
2: funding.
3: Pathfinder results and spudding of new Pathfinder wells
4: Reserves upgrades on Pathfinder.
5: Petrohawk spud
6: Commencement of any number of new Birch wells... an ongoing saga.
7: Any left field event... such as more EFS land.
8: possible plan for future.. that would be another left field event..Lol.
9: Increasing production , income and debt each quarter likely from now on and for some considerable time .
10: And lets not forget our other two projects...they are getting left behind a bit.

As far as the Birch wells go a 24 hr IP of 800BOPD would be mildly disappointing, 1000BOPD very good and over 1000BOPD break out the bubbly.

Not a bad time to be in this little oiler, much more positive than negative...

Good luck for Wed.

Cheeres Whisky

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Halcon already said the below average wells for Eagleford on the boundary were around 800 boe/d IP. And there were only a couple of those wells.

I reckon AKK wells on the sweetspot we should see 24 hr IPs around 1200 boe/d.

AKK Price at posting: 2.0¢ Sentiment: Buy Disclosure: Held
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