Has anyone else noticed that AKK's working interest is now 100% (activities update 31/01/2012) where as in all other previous announcements we had a 50% working interest(31/10/2012).
What does this mean exactly? I'm unsure? Does it mean, that BPT relinquished the other 50%(owned by Adelaide Energy) when it took over Adelaide Energy? Did they not want it? has some sought of deal been done? Is anyone aware of any dealings done?
The 31/01/2012 update stated that a "2012 drilling program expected within coming weeks".
Sounds like we are going it alone, with so many positve's coming from our American fields, will we have the time and resources to devote to PEL105?
I just read through BPT 74 page presentation released yesterday, whilst they have 10.7million things on the go, sadly no mention of PEL105.
Interesting!
Any thoughts?
AKK Price at posting:
3.0¢ Sentiment: Hold Disclosure: Held
