KAR 1.44% $1.76 karoon energy ltd

kt-1 comparison to p-2, page-2

  1. 784 Posts.
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    Golddigger

    Kontiki was dry, so the quicker they p+a and got out of there the better. It is a lot different at P2, as it has proved to contain hydrocarbons. Wether they flow or not is another thing. My opinion is that they are proberly not having much luck getting a flow at TD for whatever reasons, but hopefully higher up sections will flow.

    I don't think the sea of red we have been seeing recently has got a real lot to do with the overall market. This thing is running its own race at the moment being driven mainly by the short term holders and maybe a few margins.

    But Hey, thats allright, P1 was to big to be ignored, the real result of the whole Plover formation won't be known for months and for mine I think anyone holding or buying to hold will be the winners.

 
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