AKK 0.00% 0.3¢ austin exploration limited

direct from hk investor relations

  1. 10,914 Posts.
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    You guys are really going to like this.

    I do to even though I lost my bet on the IP30 (but real close)

    This response is from Halcon Resources (NYSE: HK) and not from Austin Exploration (ASX: AKK)

    1. Stifflemire was put on production Mar 10th and was still being tweaked. HK count first day of production as Mar 11

    2. Production from Mar 11 - Mar 30 (IP20) was 829 boe/d (all numbers using 1:6 Bo/Mcf equivalent ratio)

    3. Production from Mar 11 - Apr 8 (IP30) was 821 boe/d

    4. Kaiser #2H and Nemo are both still currently being drilled.

    5. And perhaps my favorite (even more than IP30) is the response to question relating whether a rig might be remaining for while and drilling continuously - thus outstripping AKK's ability to keep up (and y'all knew my position on that)

    "The Redbud 1H, just East of the Stifflemire is scheduled to spud in early June. Since we are chasing obligations across Brazos and Burleson counties, we do not plan on devoting a rig or two to one specific area."


    Enough said I think.
 
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