AKK 0.00% 0.3¢ austin exploration limited

better news around the corner, page-37

  1. 185 Posts.
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    AKK compared itself to its competitors, so I decided to do a comparison of my own based on figures from the June quarterly that came out recently.

    AKK - 1.9 C

    Market cap - $ 28,450,348
    Issued Shares : 1,497,386,721
    Dept : $0.00
    Cash on Hand : $ 21,090,509
    Total Production (boepd) : 488 BOPD
    Mississippi, Bourke #4 - 248 BOPD
    Birch # 1 vertical well, - 100 BOPD
    Kentucky - 25 BOPD
    Krueger Horizontal Well - 140 BOPD
    Activity: 1. Horizontal well spudded at the Niobrara
    2 Waiting for Announcement for 3 vertical well pilot program at Austin's Texas Birch Prospect in Burleson County, Texas.
    Birch #2 Stern Well nearing completion to target depth and logs run in the next few days.
    Birch #3 Schwartz Well spudded and drilling is now underway.


    SUR - ( Sun Resources ) – 7.7 C
    Market cap - $ 96,737,396
    Issued Shares : 1,307,262,104
    Dept : Uknown
    Cash on Hand : $1.2 million
    Production (boepd) : 0 BOPD
    Activity: Sun’s first Woodbine well, has spudded

    Why we are sitting at 1.9 cents .

    I know the shorters are trying to stoke fear and get sp low so they can cover their open short positions.

    Now AKK is fuelling up opportunity to get in cheap might be over soon,,, Providing the results are positive from the next 5 drills, AKK will be a giant ready to be woken up and run away like others MAT and SIR.
 
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Currently unlisted public company.

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