FDR finder energy holdings limited

Ann: Kanga-1 well update approaching target, page-9

  1. 2,212 Posts.
    lightbulb Created with Sketch. 428
    You can look at it this way :

    FDR - Kanga1 - 36% COS
    CVN - Parvo 1 - 35%. COS
    CVN - Apex1 - 25% COS

    FDR have choose to acquire and be involved in the upper range across their portfolio to enable growth for SH

    https://hotcopper.com.au/data/attachments/4368/4368069-421874fea36bd115e9b9ae0559b2b669.jpg

    As also posted before Fugro hold 15% of this project and they have 3D surveyed the area over many years and have been involved in many successful drills in this basin and around the world

    Like FDR - Fugro have seen something at Kanga 1 they like

    We will know shortly if they are on the money !!

    GL
 
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