KAR 0.49% $1.52 karoon energy ltd

the eagle has landed., page-6

  1. Ya
    6,809 Posts.
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    Frm that report, TOL was onsite at 7.51pm (AEST) last nite. KR-1 is about 9.8kms frm P2. So, once fully rigged up, it shouldn't take long b4 they spud. Assuming all goes as planned given that there's no cyclone loomin on the horizon etc, here's my take:

    - Spud in 36-40 hours time, after arrival.
    - Drill out the 36" hole to apprx. 570-600m & set 30" conductor over the weekend.
    - Start drilling the 17.5" section.

    TD could b similar to P1 (~5112m), unless bit shallow, given that its a separate structure then Poseidon. Have to wait for the official figure for TD (+/- 5000m?? is my guestimate).
 
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