AKK
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0.00% 0.3¢ austin exploration limited

long way to go, page-7

  1. Johno247
    14,914 Posts.
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    28/08/12
    14:51
    Post #: 10634965
    A couple of questions regarding the Eagle Ford.

    Is the first well still flowing oil?

    The third well sounds like it's going to produce about half of what they initially anticipated in the company presentation.

    The EUR in the presso is 264 000 barrels.

    If the third well performs like the one that is 1km away that they have replicated and they think it will, it should deliver something like 117 000 barrels plus gas.
    AKK Price at posting: 2.2¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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