From memory Bilby was a potentially much bigger field, but heavy oil, but your right this is Bob’s String of Pearls strategy.
Great result from The first Patola well today… it’s a shame we are not sitting close to $3.00. Looking good for second well before end of month.
Brent @ $78 whilst still good is not what we are used to now, seems very low. Karoons own numbers are based on future poo being at these lower numbers.
I don’t believe there is any seismic over Clorita.
Piracucca would be my choice to start…..it’s already drilled and was initially declared commercial . As a stand-alone it doesn’t add up, but with a tie back?
Make an offer Karoon.! No one else will want it.
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$1.40 |
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1 | 20000 | 1.385 |
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Price($) | Vol. | No. |
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