KAR 2.17% $1.65 karoon energy ltd

next announcement, page-51

  1. 2,936 Posts.
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    Thanks Boris for your post. In particular I noted this part:-

    "A lot more work is needed at Poseidon before they decide the course of action including more appraisal wells to look at variations across the greater Poseidon structure. Given the different GWC to earlier wells, the field is compartmentalised so fluid variations (CO2 & cgr) are quite likely"

    I take it that you believe it is possible or even likely that once they successfully production test Poseidon the CO2 will be lower and the CGR higher than Kronos.

    ANZ
 
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