KAR 4.92% $1.92 karoon energy ltd

TOTAL BULL DUST ,Why Poseidon No 2 failed is a geological...

  1. 1,325 Posts.
    TOTAL BULL DUST ,

    Why Poseidon No 2 failed is a geological mystery, which Karoon and US oil giant Conoco Phillips, the major partner in the discovery, are still investigating. But essentially the well failed to hit the predicted gas-bearing rocks more than 4000 metres below the ocean floor.

    These people really don t have a clue .

    Every objective of this well has been met .

    1 .the depth of the gwc .

    2 . the quality of the gas ,initial samples are high in methane low co2 .

    3 the extent of the 3 main sands a b and c ,all where hit .

    4 .The gas is proven to be movable even at the extemities .

    5. new montara plover hit gas charge RESERVOIR ( drilling mud weight needed to be increased to keep in check the expansion of the gas .

    The idea that a high flow rate was an objective of the well is just wrong, if anyone can show me where conoco or karoon once said this, then i will concede .

    These so called experts are just in stilling fear into holders , their purpose who knows .but they need to do their research before sharing their views with us .

    They hit the gas bearing rocks below 4000 mtrs.


 
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