KAR 4.92% $1.92 karoon energy ltd

I am really amazed sometimes how these thing get to print...

  1. 1,325 Posts.
    I am really amazed sometimes how these thing get to print .

    SYDNEY, April 19 (Reuters) - Australia's Karoon Gas Ltd (KAR.AX) has detected an increase in background gas at its Kronos-1 well off northwest Australia and has plugged it, ahead of further exploration work, the company said on Monday.

    Karoon-1 was drilled in a field owned 40 percent by Karoon Gas and 60 percent by ConocoPhillips (COP.N). It lies close to a major gas field held by Woodside Petroleum (WPL.AX).



    Do they mean plugged and abandoned of they were ramping the well AS IN PLUGGING IT lol.

    Also did you know its no longer kronos-1 but karoon -1 ...

 
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