KAR 2.81% $1.83 karoon energy ltd

not sure what to make of it, page-7

  1. 1,325 Posts.
    Hi Bob ,

    great post : )

    just wanted to add that kronos really is targeting the c sands and possibly the b sands .

    the A sands at kronos 1 may well have thinned out so much that it will not exist in the well also the b sands would have also thinned and could quite possibly have merge with the c sands .

    The C sands at posiedon 1 were hit around the 4974 mtrT and the kronos 1 at 4998 mtrt so about the same depth ,,given the fault block could be sitting lower then the p1 structure things are looking very good ,with the choice to drill to 5322 mt rt.

    139 mrts of c sands + 68 b sands = 207 mtrs of net gas sands at p1 not including A sands and with 334 mtrs of gross potentials sands at kr1 that makeS the odds in our favors of a big find here .

    20 days or less for some more news, an announcement that we will be flow testing and BINGO !!!!

    Great buying at the moment, i may add a few more ... : )

 
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