said: "It's funny, some akk holders are getting excited about...

said:

"It's funny, some akk holders are getting excited about this news:

"The first well produced at the rate of 494 mcf per day, using a 22/64 orifice. During the testing period it was manually decreased at the well head to approximately 320 to 340 mcf per day and then eased down again to about 270 mcf per day. The well has not been stimulated."

So that's 0.494mmscf/day! Although gas is worth more in the US though (about 3 times)."


Hmmm lets see about that...I'm a shareholder for both AKK & ADE and let me tell you that I think that AKK has much more to look forward too. Supertramp you forget that AKK is planning to drill 200 wells with even higher flow rates and there is the potential to recover over 600 BPD of oil on top of that so I think in a nut shell yeah you would get a bit excited over that!

Plus they have this permit called PEL73 which I think you should read about..."potential recovery from 197 million barrels of oil and 78 billion cubic feet of gas to 788 million barrels of oil and 315 billion cubic feet of gas"



Cheers

tw