From The Report (Santos Basin):
"Farm-out Status
Karoon committed to farming out approximately 15% equity in
terest ahead of Phase 2 drilling. Good interest from a number
of prospective oil and gas companies"
Interesting that Kar is stating 15% again. If that is the case it would appear KAR have held or are holding their ground in negotiations. Better for shareholders in the long term, although a confirmed deal would be helpful right about now.
Cheers,
stevo
Ann: Karoon November Review , page-5
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$1.57 |
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Mkt cap ! $1.223B | |||
| Open | High | Low | Value | Volume |
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