AKK 0.00% 0.3¢ austin exploration limited

niobrara shale formation, page-27

  1. 817 Posts.
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    At this stage in my opinion this well AKK's first horizontal is very exciting.

    The Niobrara has been a 'hard -nut' to crack for some companies.

    For AKK to have good-success(pending testing )on their 1st horizontal is perhaps testament to the skills of our management & bodes well for the future.

    Still early days but AKK could very well be in a so-called ' sweet-spot' in 11,000 acres of the Niobrara and to top it off have 85% working interest.

    I like many have been very relieved with the early results.

    Has certainly 'derisked' the companies out-look in my opinion.

    May the testing results exceed expectations.

    Good-luck-----Cham
 
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