AKK 0.00% 0.3¢ austin exploration limited

quarterly, page-2

  1. 646 Posts.
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    First of all I think you are being totally blindsighted.

    a) January 09 - until then they are going to try and ramp up production to 2,500 MCF/Day.

    b) February 09 - active plant expansion from 2.5M to 7M/Day

    70 Wells by the end of 2009 isnt a bad outcome at all, what is the purpose of drilling wells when you cannot process the gas coming from them? Infrastructure takes time to build. Do you think they can wave a magic wand and just hope for the best?

    Remember we will not make the yearly target this year this has already been told to the marketplace. I would much rather them iron out the creases then just drill for the sake of it..

    Nothing really new in this annoucement but it def isnt negative in the slightest
 
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