5 Well Drilling, Logging, and Casing Program Complete High Impact, Low Cost Stimulation Campaign Underway · Austin Exploration has successfully drilled, logged, and cased five new vertical wells · Presence of hydrocarbons confirmed in all five wells · Technical and engineering designs to stimulate the five wells in progress The project aims to increase production to a minimum of 40 BOPD.
(I think they are confident production will be higher than 40 bopd, cannot be too confident at this stage)
AKK Price at posting:
1.4¢ Sentiment: LT Buy Disclosure: Held
