The report based on the fact of first two wells, which will not pretty. The Krueger, 1st well, is not producing per expected due to fluid flow back. With Halcon expertise, we will see higher number. The report is good for starting point of negotiation.
You need to look at the potential. The number sounds to me.
It would be good if the announcement is togather with other fields. It will give big picture of AKK current asset and potential.
DOYR. GLTA.
AKK Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held