AKK 0.00% 0.3¢ austin exploration limited

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  1. 3,541 Posts.
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    Does anyone know, does 350-400 million BOEPD mean that revenue equals all of that times the oil price, or will the gas component get wasted? If they can sell all of it, then this is a great result.

    About $12m revenue per well times lots of wells = alot of money.

    I can't be more precise than this haha. Can anyone who knows about shale oil comment please??

    I want to know whether I should buy more.
 
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