hi CC,
I mentioned that in my post to TheMonkMan last week. The others will simply nit-pick on whatever I post, regardless, so not worth going there.
For P#2, the mkt expects 'flowrates (test results)' i.e how much gas or condensate flowed.
That should happen, as KAR are listed here & have a lot riding on it, COP will mention this in their qtrly update in Houston.
The reserves won't come out yet, still have Kr#1 & Kr#2 etc to drill on the southern fringe of this structure, so quite some time to go.
Also the data frm P#1 was incomplete, so still early days. However I'd like to see them drill P#3 closer to the top of the crest, as using P#1 as a re-entry for a sidetrack at these depths can b risky, IMHO.
As of now, the 'P50 estimate' of 7.6 tcf is contingent resource, not 1P, 2P or 3P reserves as others have said. Pre-P#1 this 7.6 tcf was 'Prospective' & is now considered 'Contingent'. As the JV gathers more data frm drilling the Poseidon structure this Contingent resource will get rerated up, to the reserves category.
Until then 'P50 - 7.6 tcf is a pretty good set of numbers' as a former PM of Oz would have said :)
cheers
- Forums
- ASX - By Stock
- KAR
- p2 - the story so far
KAR
karoon energy ltd
Add to My Watchlist
1.31%
!
$1.93

p2 - the story so far, page-3
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
$1.93 |
Change
0.025(1.31%) |
Mkt cap ! $1.415B |
Open | High | Low | Value | Volume |
$1.92 | $1.94 | $1.89 | $6.609M | 3.449M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 45504 | $1.92 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.94 | 80804 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 300 | 1.900 |
1 | 15090 | 1.890 |
1 | 14890 | 1.875 |
5 | 11672 | 1.870 |
3 | 25280 | 1.860 |
Price($) | Vol. | No. |
---|---|---|
1.940 | 80804 | 2 |
1.945 | 20000 | 1 |
1.950 | 24273 | 6 |
1.970 | 1000 | 1 |
1.980 | 2850 | 1 |
Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
Featured News
KAR (ASX) Chart |