AKK 0.00% 0.3¢ austin exploration limited

sebree info, page-7

  1. 842 Posts.
    i would think impossible to say on park city, from the web site using austins own figures and increasing the price of BOPD to $75 and using the there basis of 10BOPD for 17 wells gives 170BOPD at $69BOPD(less transport cost and state taxes)gives a yearly revenue of $4.22m giving AKK before costs at 78.125% net revenue $3.298m

    based on 295m shares+ that gives a CPS of .011 now seems not a lot and as i said thats all based on Akk web site on 10BOPD on the 17 wells. now in realty the website has a cumulative total of 82 bopd from 4 wells so we should assume in that case its more likely 20BOPD giving $6.6m revenue to AKK and a CPS of .022 and that doesnt take in to account that they have plans for a further 60 wells and then theres the gas 879,110mcf of reserves at say $5.26 gives $4.6m so another .016 cps so making .038 cps based on the gas and 17 wells only

    using the reserves only thats .016cps for gas and on 290k bo .053 cps total .069cps

    SO as i said thats a educated stab at it but truly impossible to say with out more confirmed information

 
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