KAR 1.44% $1.76 karoon energy ltd

apache farm-in to carnarvon

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    http://www.asx.com.au/asxpdf/20140516/pdf/42pntrby7k6y3s.pdf

    Apache 50% farm-in WA-482-P
    - for $9.04m in cost reimbursement
    - 90% of drilling costs for one well in 1H15 capped at $63m
    - Apache becomes operator
 
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