chalk and cheese, page-6

I don't think AKK not letting the market know the well is producing is material to be honest.

It wasn't a wildcat well, and considering how much AKK has been talking it up, I think expectations were that it would produce (at least some oil and gas).

It's really a question of "how much will it produce?", and that public knowledge from the Colorado website doesn't address anything in regards to that.

Releasing an announcement such as "Pathfinder is producing" is only going to create unfounded hype and most likely unrealistic/inaccurate expectations. STX recently came out with an announcement (a fairly unnecessary one at that) with knowledge which only created alot more questions than it did provide answers.

The above statements all concern Pathfinder, the Birch well is a different issue.

I've voiced my concerns over the Birch project for a while now, and AKK not releasing any updates or production averages since the first vertical experienced peak production was telling, especially as they've talked about the Taylor Sands gas production since then. Now AKK has changed their target to the Austin Chalk as supposedly 'it looks better than they originally thought', but I think it's more of a case of the Eagleford looking a whole lot worse than they originally thought.