KAR 4.92% $1.92 karoon energy ltd

Kronos-1 is moving faster the p1 ,they had alot of problems...

  1. 1,325 Posts.
    Kronos-1 is moving faster the p1 ,they had alot of problems above 4000 mrt ,blockages in the well bore slowing installation of liners etc .

    Remember we should hit the zone 100 mrts plus shallower the p1 4500 ish, as long as we don t hit a problematic section ,we should be at the last report today before they will stop the weekly thursday updates .

    volumes arent large, so the sp drop doesn t worry me as much ,i really don t think they would have any real details of the well yet for anyone to determine the success, so if someone was bailing then it would be purely based on speculation not fact .

    the market overall seems a bit negitive on oil and gas stocks wpl meo etc all in the red.
 
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