What a bizarre statement to make... Bauna extremely well understood, Patola right along side with the same geology. Fields producing better than conservative estimates........the field life of Bauna has also been extended already....Price of OIl remaining at and forecast to remain at good levels with cost of production demonstrably dropping and forecast to drop further....Recently completed Neon drill confirms Oil Water Contact and that geology is consistent with seismic interpretation.
Methinks....What he really wants is a written guarantee along with his share purchase.
Ann: Karoon Energy FY23 Half Year Presentation, page-9
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