KAR 0.27% $1.84 karoon energy ltd

If we can extrapolate (and I believe we can) when they drilled...

  1. 385 Posts.
    If we can extrapolate (and I believe we can) when they drilled Crown-1 next door they ran into the exact same problems and also had to side track their well. It was caused from high pressure gas in the layers of shale above the sands. And it gave them fits also even in the side track well. Almost identical scenario. If Swanny's friends are right (and I believe they are) that same structure extends across into where Proteus is drilling. Which means they are about to drill into a thick layer of beautiful pourus sand packed full of high pressure gas! It may be slow going as they work their way through this area but they will get there. The 4800-4900 area is where things should get interesting. Looking very very good.
 
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