KAR 1.13% $1.75 karoon energy ltd

b#1 next phase of drilling

  1. Ya
    6,809 Posts.
    lightbulb Created with Sketch. 3829
    Last reported depth on 25th May was 4009m for the 9" cemented section at Boreas-1.

    Friday's update said that they were drilling out the cement & had pressure tested the casing. BOP was sorted out.

    Nxt phase of drilling will b along these lines:

    1) Is to drill out the 8.5" section upto apprx 4700m by my estimates (going by their P#2 updates, refer matrix below)

    2) This should b their 7" casing point

    3) Pressure test & drill out cement

    4) Drill the 6" section towards the funzone (ie Montara(?) & Plover reservoir sands).

    Here's a rough matrix that I posted a while back, from their last 3 wells. Use P#2 activities as a rough guide for what's nxt. Safe drilling.

    Poseidon matrix
 
watchlist Created with Sketch. Add KAR (ASX) to my watchlist
(20min delay)
Last
$1.75
Change
-0.020(1.13%)
Mkt cap ! $1.405B
Open High Low Value Volume
$1.78 $1.79 $1.74 $5.751M 3.281M

Buyers (Bids)

No. Vol. Price($)
1 10000 $1.74
 

Sellers (Offers)

Price($) Vol. No.
$1.75 7996 1
View Market Depth
Last trade - 16.10pm 15/08/2024 (20 minute delay) ?
KAR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.