re: Ann: ConocoPhillips exercises option to a... hi Digz,
Buffon didn't flow, but WPL did recover 2 gas samples frm the DST tool & the gas ratio was 76% C1 & 22% (C2-C5) with very low CO2 & HE. That's how KAR knew that there were heavies present (as Bob told Al that Sunday morning, 'heavies, Alan').
Buffon samples were analysed by KAR's consultant Worley & after the seismics were interpreted they choose a location updip for KT. WPL, had lost ~300 bbls & drilled with heavy mud wt (overbalanced), since the well was kicking & then that sudden mud-loss. So that's where things probably went wrong. In short, WPL tried to go by the books, but left a ugly mess behind.
I think drilling P#3 would make more sense (after Kronos), since this prospect should b considerably derisked, IMO.
2morrow or fri should b big, i.e. if they don't announce after 4pm to avoid the SP swinging wildly.
We wait for now.
re: Ann: ConocoPhillips exercises option to a... hi Digz,Buffon...
Add KAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.53 |
Change
-0.075(4.67%) |
Mkt cap ! $1.192B | |||
| Open | High | Low | Value | Volume |
| $1.56 | $1.57 | $1.52 | $12.45M | 8.079M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 350 | $1.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.54 | 57889 | 3 |
View Market Depth
| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| KAR (ASX) Chart |