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clock Created with Sketch. 11/11/14
20:09
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Originally posted by Heppy31
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AKK's EFS project now just needs time to mature in my eyes, more wells, more time, more money... As for Colorado thats where I see the real growth providing we can hang on to 100% of the project. I think project and financial situations would be a lot different right now if the POO was still $100+. In saying that tho, this could be a blessing in disguise for the medium / long term. Not as much pressure for AKK to stump up cash for wells in such a hurry and know diving into large debts for such a small company may be just the breathing room we need for now.
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unfortunately, its also no use producing just enough oil to keep the fat cats and 4 business units in the comfort of large guaranteed salaries.
