The test results will be from the 3rd well the company have drilled. The first well is inaccessible to do a 4 point test at the moment due to it being located in a large gully and heavy rain and sleet. The second well will be tested over the weekend. Remember the first well as stated was a very good well could produce up $1m revenue for the company,had the 40ft flare, as stated in announcement The second well was seen as better than the first. This well currently being tested is the 3rd well. It has a large formation of oil and possibly water obstructing the gas zone so complete testing is as of yesterday difficult,but can be recitfied and believe results should be tomorrow.
Cheers Marlin
AKK Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
