KAR 1.11% $1.79 karoon energy ltd

Ann: Successful bid for blocks in Santos Basin, page-9

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    I'm still hoping for that. There are discovered but undeveloped oil fields in much closer proximity to Neon. The recent UK presentation showed these fields (including the Bilby discovery that KAR made in about 2014/15).

    These blocks will be at least 120km from Neon so I reckon we are getting too far away from Neon to tie back at that sort of distance. Perhaps these blocks could be Bauna extension fields if there is a discovery or they could be more likely stand alone developments should we be successful and discover oil in them.
 
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