Yes Whisky, that's the concern that I raised previously. If Birch is such a good producer HK would certainly want to maximize the production from that area to compensate (pay for) their huge debt burden, which is the subject of analysts' concerns.
AKK could run the risk of being "drilled out" by HK ,unless AKK can prove that they can fund their share BEFORE that drilling programme commences. 2 wells PER MONTH, 24 per annum, and we saw what they did when HK decided to go for drilling Number 4!!!!
How will they be able to fund their share of Birch drilling AND progress with Pathfinder and Pierre.
I think that today's market reaction, dropping to .02, is all about ANOTHER CR??
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