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AUSTIN EXPLORATION LIMITED

ASX: AKK

The data on Australian Shares.com is intended as a guide only and is compiled from information in the public domain. Data on this website should not be used to make an investment or trading decision.

Description

Austin Exploration is an oil and gas company with a world-class board, management and technical team. The company has assembled an impressive portfolio of assets in Australia and the United States. By strategically shifting its core focus towards non-conventional shale exploration in the United States, Austin has established a major presence in two of America’s most prolific oil and gas basins. Austin controls more than 11,000 acres in Colorado in the Niobrara Shale and more than 5,000 acres in Texas in the Eagle Ford Shale. Austin has producing oil and gas wells in Texas, Mississippi and Kentucky. The company’s wholly-owned US Subsidiary, AusCo Petroleum Inc., turned operationally cash flow positive in January 2011. Austin is listed on the Australian Securities Exchange (ASX code: AKK) and on the OTC-QX International (AUN-XY)



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The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.