KAR 4.05% $1.54 karoon energy ltd

Ann: Neon Drilling Update, page-6

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  1. Ya
    6,809 Posts.
    lightbulb Created with Sketch. 3829
    25m net pay discovered downdip is fine. This well is 2kms south of the discovery well. Deeper Cretaceous sands r water wet. Will b interesting to see what the revised OWC will b post logging & the poro/perm. They've cut a 57m core so that will provide useful data for planning production wells in the future.

    N-2 will b drilled to the north of Echidna, on a crestal location so that should provide a good control point with regards to a N-S X-section over the field.
 
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