KAR 0.34% $1.49 karoon energy ltd

afr - petrochina circles karoon, page-66

  1. 2,943 Posts.
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    then our 40% must be around 700m+

    doesn't really seem enough does it?
    ============================================================

    Back in 2010 the NPV was estimated at $7bn based on a 7tcf resource. 40% = $2.8bn

    I think the resource to date is up around 4-5tcf unrisked?

    2010 is a long while ago....but no it doesn't really seem fair.

    Hopefully we will get a nice surprise.
 
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