AKK austin exploration limited

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  1. 1,514 Posts.
    Can someone explain more or less how the $25m was spent.
    One horizonal "Birch 3" in Austin Chalk in Texas that still has drilling fluids in it more than 6 months later and one horizontal in Niobrara which seemed successful... but seems to have "gone quiet"
    So...did we get anything else for the $25mm ??!!!
    Even if everything had been successful...it would have taken "years" to get any return on your investment...Is it even worth it?!
 
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