KAR 3.03% $1.44 karoon energy ltd

Ann: Farmin to North Carnarvon Basin Permit WA-48, page-9

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,853 Posts.
    lightbulb Created with Sketch. 102
    re: Ann: Farmin to North Carnarvon Basin Perm... Anyone know the back story on this latest permit?

    WA-482-P was only awarded to Liberty Petroleum Corp. in the latest 2011 Exploration Acreage Release on September 13 this year.

    http://minister.ret.gov.au/MediaCentre/MediaReleases/Pages/New227mInvestmentOffshore.aspx

    So is this just a quick flip by Liberty or do Karoon see something they just have to have and gazumped them?
    I note there were four bids for this acreage. I assume KAR was one of the unsuccessful bidders in this round.
 
watchlist Created with Sketch. Add KAR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.