AKK austin exploration limited

The pathfinder project like all others for that matter are...

  1. 13,904 Posts.
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    The pathfinder project like all others for that matter are dependent on and very sensitive to the price they get for oil, NGL's or Nat.gas combined with the level of drilling and completion knowledge applied at the time, a lot of projects struggling 3 years ago using 2011 drilling and completion technology and an oil price then nearer $80 would make good money now with $100 oil and todays drilling and completion knowledge and very good money at $120 oil..

    There is obviously oil and gas at different levels in in the Pathfinder project but it will take a few wells to understand more about the geology , find a way to crack the code and at what price oil needs to be to make it viable. If they can find a good JV partner it will be a good indicator of viability and if one can be found we need to drill baby drill.

    Cheers Whisky
 
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