AKK 0.00% 0.3¢ austin exploration limited

Nothing specific to drilling outcome in the confcall...

  1. 10,904 Posts.
    lightbulb Created with Sketch. 3630
    Nothing specific to drilling outcome in the confcall transcript.

    http://seekingalpha.com/article/2055743-halcon-resources-management-discusses-q4-2013-results-earnings-call-transcript?source=yahoo


    Was never sure what "drilling underway" meant - I mean why not stick with industry terms like the well was spud at x time and is now at y depth.

    Ambiguity aids only one party and it aint the shareholder. Drilling underway could just as easily mean site preparation for the rig to arrive.

    Based on HK 12.55 days of spud to TD (and on the rigs the only day off I expect would be Christmas day - possibly New Year but I doubt it) the well would have been drilled some time ago.

    No expectation was given on Completion times - but you start start asking questions of GG based on what HK say.

    Nothing registers in TX RCC yet on completions for Stifflemire #1H
 
watchlist Created with Sketch. Add AKK (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.