next 12 months

**The presentation lists the following schedule for the next 12 months.**

*1. Complete exploration program to retain acreage by
drilling B4 and N3
2. Complete appraisal program by drilling horizontal well
in Eagle Ford
3. Connect Niobrara and Eagle Ford to gas mains
4. Certify reserves on Austin Chalk, Eagle Ford and
Niobrara Horizontals
5. Finalize and establish cost for development and
production plan
6. Secure debt financing and/or development partner
7. Seek to farm out Niobrara to de-risk the financial impact
of Niobrara development*

**Given the the recent cash burn, Does anyone here think the current fund raising efforts will carry AKK through.**