I think this huge for AKK - may even make me buy some!
Don't know the BTU of the gas and thus how much C1,2,3,4 but liquids command a premium (not as much as 18mths ago but that cycle always changes). There is going to be good money in the production and sale of gas - Pathfinder about 60% oil??
While not linked to reserves or anything - what it does do is show how gas production is monetized WITHOUT need for capital to be spent by AKK!!! It's being "repaid" out of production.
This is a good thing for you guys - surprised by the reaction. The SPP is really now funding EFS and working capital.
AKK Price at posting:
1.3¢ Sentiment: None Disclosure: Not Held