AKK 0.00% 0.3¢ austin exploration limited

Firstly, if shareholders are mushrooms, you must have been a...

  1. 2,647 Posts.
    Firstly, if shareholders are mushrooms, you must have been a mushroom as well, you owned akk

    The eagle ford acerage is the jewel in the crown for akk, strange they want to sell it. Before developing it with halcon the average selling price was 2500 an acre. Wonder what the price is now? You have 1500 acres, 30% akk share, and some oil and gas production. It's all well and good to sell the eagle ford, the question that needs to be asked is where is the money going to be used at? If it's at pathfinder, shareholders need to ask, where are the production results from already drilled wells, before any more wells are drilled? Can't keep sinking money into a feild with no production history after 4 years
    Last edited by Adriano1: 15/06/15
 
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