KAR 0.83% $1.83 karoon energy ltd

Ann: Zephyros-1 Progress Report No 6 , page-10

  1. 1,890 Posts.
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    currently drilling out of hole at 4000m
    should be at next casing point within 7-10 days

    a few days to case and cement then its game on

    2-3 weeks we will know if the gas in the Plover extends as far SW as 9kms from the initial discovery well

    and a few weeks thereafter to find if it produces as well as Boreas

    meanwhile, the second well should get underway in Brazil and with a bit of luck, roo#2

    a lot of the talked about and priced in potential of KAR is really making inroads and with continued success over the coming year, KAR really has the potential to get back to all time highs as it moves closer to making the transition from explorer to producer
 
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