KAR 1.61% $1.38 karoon energy ltd

afr - petrochina circles karoon, page-11

  1. 1,675 Posts.
    Time to get it on and settle this don't you think. I agree with your point of a new Investor, but, who is the issue.

    Assume this rules out WPL, COP and the sort. This also puts Petrochina out of the picture also.

    I think the investor resides in Australia. I do not think Australia is going to let this outside the country. Who has the ability to:
    1) fund such a purchase.
    2) knowing the Poseidon field is ending the exploration phase and take thru the next phase.
    3) stand to the companies as COP and prevent the issues faced by Karoon.
    4) Aid in the developmental and production issues of distribution from the ground to the end customer.

    Keep cool on the top of the mount Jimmyoz.

    Bob

 
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