KAR 2.65% $1.47 karoon energy ltd

bottom hole assembly, page-2

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    Based on the depth, I would say they are close to where they expect to hit the volcanics above the reservoir. As these had gas shows in Buffon-1, they are casing the hole off above them in case of any well control issues. I think they'll be hoping to take this hole section the rest of the way to TD, but we'll have to wait and see. Next week's Ann. should be interesting...
 
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