KAR 2.84% $1.88 karoon energy ltd

oil at kangaroo-1, page-48

  1. 605 Posts.
    Looks like an interesting find to me. 25m of pay on the edge of a secondary target with the primary still to come. If the flow rates come in, then I can see a Roo-2 to check out the crest of the formation.

    400m of water would allow an anchored FPSO for
    production with sub-sea completions. Something the Brasileros are well experienced in.

    Nobody should be surprised by the light oil. The Santos Basin has been light, where as the Campos basin has been the heavy oil.

 
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