KAR 0.00% $1.48 karoon energy ltd

logs indicate hydrocarbons, page-8

  1. 6,162 Posts.
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    All interesting early assumptions -: i have rang Esanda credit the BENTLY will be here in an hour!!!


    Logic should now tell us .... and yes i agree there is a lot of water to go under the bridge HOWEVER all the contrarions who said she was a duster guessed just like we did that it in fact had hydrocarbons.

    NOW - they have said to the market they have found GAS... 2 updates ago when she dropped 40c in the afternoon after they indicted they had to dig deeper into the well they tellingly indicated that it hadn't changed their original estimates of the size of the reservoir.

    Now some guru's indicated that 3D's were always accurarte therefore when the depth was changed it was a duster again.... whilst there are still things to go wrong potentially.
    1) they said they'd fing gas tick
    2) they have indicated size of the play so i am happy with my 6TCF's as posted!!!


    Love you work MESSIAH
 
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