Major catalysts in the oil industry can be hard to come by, but Austin Exploration (ASX: AKK) is gearing up to announce its first proven oil and gas resource.
USA Oil: High Impact Drilling to Begin in Days
With very few opportunities currently available to drill fresh onshore acreage in the US, there are, in turn, limited opportunities to find any significant catalysts in the US oil sector. Yet, Austin Exploration (ASX:AKK), an oil and gas company with a portfolio of US assets, has two imminent catalysts.