KAR 1.62% $1.57 karoon energy ltd

oil at kangaroo-1, page-43

  1. 5,336 Posts.
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    Demon

    Read it here. I think RK may be connecting dots just like me. The water contact was just about bang on the start of the primary target depth.

    http://www.marketwatch.com/story/australias-karoon-discovers-oil-off-brazil-coast-2013-01-24

    Looks like they missed out on the one they were looking for and found another monster by mistake.

    So provided the field is connected and the water level isn't doing some weird and wonderful, there's potentially another 320 metres of space filled with oil sitting alongside in the Eocene reservoir.

    350 metres of oil - calm down scitty don't think about it
 
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