KAR 4.26% $1.46 karoon energy ltd

credit suisse report out, page-13

  1. 6,162 Posts.
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    Diggs,
    Apropos to this piece of one of your previous posts... i have read that we will need at LEAST 50 metres of net sands that is they are charged fully with GAS$$


    10mtrs in a secondary is a good find if the primary is rich it may have 100-150 mtrs which will be large tcf .for the first well a great result .

    Is there any 'on trend' anyalsis or anecdotal evidence for LNG reserves found on this trrend that show what sort of net sand plays have been gathered.

    I see you say it may have 100-150 metres within the formation i assume that is somehting we have read or heard from KAR???? I guess the next logical question based on the 100 to 150 metres is.... is there or what in % terms of these sands based on trends etc... actaully are fully charged.

    Understand it we knew this and others did - the SP would be $5+ right now??
    Swan

 
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