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0.00% 0.3¢ austin exploration limited

austin to drill third mississippi well, page-6

  1. emo21
    842 Posts.
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    13/02/12
    11:14
    Post #: 9683915
    mscara has a point why target 8o bopd and use up $560k doing so. with 50% working interest to get a 36%NRI when we could use to money towards another drill in eagleford or start niobrara

    AM i missing something it will take over a year at 80bopd to recover the money spent on this well.
    AKK Price at posting: 3.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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