KAR 3.74% $1.55 karoon energy ltd

positive look, page-17

  1. Ya
    6,809 Posts.
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    JL this is right up my alley. I too am waiting for the nxt update eagerly. Whether they tell us the latest depth or tell us abt any slight delays due to cyclone Rusty, its their call.

    FWIW's Z#1 is 9.1kms southwest frm Kr#1 & is targetting the Plvr sands in a separate faulted block (in short its a step out well). So, if the A & B sands r present (in varying thickness) & r gas-saturated then an MDT etc should suffice to chk for reservoir pressure & its ability to flow, alongwith any fluid samples. We dont know the answer yet, hence the reason to drill. We just have to wait.

    Here's the link to Lusca, Kraken & Asperus. Isnt quite cato & swanz luv triplets, but the name of KAR's proposed 3Dseis in WA314P.

    http://www.environment.gov.au/cgi-bin/epbc/epbc_ap.pl?name=current_referral_detail&proposal_id=6730

    PS: froggy CoS at E#1 is 23.6% & D&M had already included all 3 sections in that (ie eocene, campo, santonian resrvr's).
 
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