KAR 0.88% $1.70 karoon energy ltd

Ann: Response to Media Speculation, page-105

  1. 12,825 Posts.
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    well I am still laughing at the Simpsons analogy. "the best of times, the blurst of times"... lol..oh so very, very apt.

    but your right timboz. Bauna is a lynchpin in the famous " String of Pearls" strategy. I think the strategy may have become famous for different reasons though...lol.
    The synergies of a Bauna/ Neon operation have been spoken of for years.. Originally worth about $100 mill in reduced costs, now after delays..I believe down to about $80 mill over the field life.
    Bauna is a low cost operation and will be profitable even at low oil prices and of course the oil price will fluctuate..It always has. The least of our worries I would suggest.
 
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