Wet saturday afternoon waiting for the footy to start so I've done a bit of a catch up.
Don't forget this is actually well 4 of an 8 (possibly 10) well program.
P1 found gas (and a lot of it) just where they expected it would be, P2 found gas in both Plover and Montara formations just where they expected it would be, Kronos found gas just as they expected.
Boreas is nearer the middle of the Montara/Plover overlap of the Poseidon field, so guess what they will find!!
Relevant summaries of the last three wells reports to remind people of progress so far.
Poseidon 1
http://www.karoongas.com.au/Portals/0/PDF_Documents/ASX/2009/KAR%20Drilling%20progress%20report%20No%2019%2019052009.pdf
Poseidon 2
http://www.karoongas.com.au/Portals/0/PDF_Documents/ASX/2010/Poseidon-2%20Progress%20Report%20No%2019%2003022010.pdf
KRONOS
http://www.karoongas.com.au/Portals/0/PDF_Documents/ASX/2010/Kronos-1%20Progress%20Report%20No%2013%2027052010.pdf
Page 8 of the June Review gives a good overview of relative drill locations.
june 2012 review out , page-44
Add KAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.48 |
Change
0.025(1.72%) |
Mkt cap ! $1.172B | |||
| Open | High | Low | Value | Volume |
| $1.48 | $1.49 | $1.46 | $4.698M | 3.195M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7026 | $1.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.49 | 24874 | 3 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| KAR (ASX) Chart |