KAR 4.67% $1.53 karoon energy ltd

Ann: Contingent Resource Volume Update-Santos Basin Brazil, page-6

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  1. 6,162 Posts.
    lightbulb Created with Sketch. 52
    Blender it will be VERY VERY commercial just going to take "time" and more money and holes.

    They have collaborated loads of info... Not quite like shooting fish in a barrel but each hole ( shallow as well) will ad now to the resource... It just becomes a case of how big... It will bolt well past the commerciality in the 2 round of drilling.... You then have the deep sea- the ability in this market to acquire for flip all something like and other smaller noted finds in proximity within the basin as previously mentioned.
    Last edited by Black Swan: 18/09/15
 
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