Wonder if PBR will drill appraisal wells first or put it on an extended well test like Tiro currently with Sidon to follow. Read yesterday that they had something like 8 FPSO tankers on order.
Lighter oil than Tiro means that it will attract a price premium hence could spur them to develop quicker.
At 30,000 bpd, 20% share means income of $600K per day for KAR at $100 bbl/oil.
These results IMO have made the 5 100% blocks all the more attractive to a farmin partner.
new ann., page-24
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Last
$1.81 |
Change
0.005(0.28%) |
Mkt cap ! $1.450B | |||
| Open | High | Low | Value | Volume |
| $1.82 | $1.84 | $1.78 | $8.370M | 4.605M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 32319 | $1.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.82 | 28653 | 3 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| KAR (ASX) Chart |