KAR 2.56% $1.53 karoon energy ltd

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    Flow results from Maruja.

    During 24 hour main flow period, the high porosity Oligocene sandstone resevoir achieved stabilized flow rates of 4675 stb/d of oil and 0.8 MMscf/d of gas through a 1/2" choke, with flowing well head pressure of 1050psia. An oil gravity of 38 API was measured.
 
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