Received some feedback from HQ over the weekend, re some questions I posed last week as to ongoing program.
Nutshell as follows.
Q-Will remaining HK and Pmax FO wells be drilled EXACTLY as per Stifflemire profile (same VD and Hz lengths etc)?
A-YES
Q-Is this geology consistent across the entire Birch Property?
A-YES-Acreage on Hk's published new EFS 'sweetspot'
Q-is Pierre on track for April spud
A-YES
Q-Mentioned the above in relation to 'apparent' delays (post-CR) re Pierre commencement
A-GG suggested revisit Commet Ridge results at Pierre shale in Florence 2011-2012 (3 x wells 1000+bopd (assume IP), 5 x 500bopd, 22 out of 25 'successful')
NOTE: Pierre at AKK acreage relatively untapped, whereas Florence is ageing field
Q-Given GPA has had the green light, has P & E been installed at Pathfinder to facilitate immediate processing/production/trucking of oil?
A-Not yet, commencing shortly
Some likely assumed, but much-needed filler here, especially for those not necessarily across previous anns.
AKK Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held