they just annouced that they have taken up the option.
2 September 2009
(ASX Code: KAR)
Exercise of 2 well option on Legend Drilling rig,
Karoon and its joint venture partner, ConocoPhillips have exercised an option two additional wells under the International Inc. This takes the current including the Kontiki-1 well The joint venture has a furtherdrilling contract with Sedco Forex International agreement before the expiration of the current contract term
31th aug option not taken, page-16
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