KAR 1.98% $1.86 karoon energy ltd

macquarie, page-24

  1. 13,293 Posts.
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    Hi denver.

    Seeing as you mention my name yet again i will again try and tell you what i told you previously and maybe educate the newbies on here.

    Macquarie in their statement were referring to Bilby when they said mixed success.

    Bilby if you remember was put on the backburner due to a different degee in the oil found and the porosity and permability problems and KAR needed to more understand the field.

    They also said that bilby could not be tied in to any kangaroo developement because the oil was not the same which means it would need to be a sepatate developement.

    Do you remember now?

    That's what MAC were referring to IMO.

    Happy to be of assistance.
 
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