29mcfd is nothing. Cows produce more gas than that :) I'm a little confused and am wondering why AKK picked that as an example. It seems strange when they have quoted the unstimulated flow rates for a couple of AKK's and they are more than the stimulated Ed Parsley... If AKK get a 3 fold increase from 200-300mcfd to 600-900mcfd then that would be a great result. 40 wells putting out 750mcfd is 30mmcfd = Lots of $$ My biggest concern is that AKK haven't published unstimulated flow rates for their most recent wells - only the first couple. It makes sense if they are saving cash until post-stimulation I guess.. If they did know the flow rates and they were duds (29mcfd is pretty much a dud) then surely they would have to have disclosed this so it must just be a case of them waiting to test. I hope they do before and after for each well so we can see the effects.
AKK Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
