COP would not be involved in anything to risky, BOP is not costing them anything but lost time, transocean is sitting there absorbing the delay costs and KAR;s share price is reflecting the markets frustration.
Smart investers know the extent of the field and even smarter investers know once the prove up the field the condensate and gas will be sent to COP's offshore facility BAYU NDAN where it will be processed and any gas will be sent to Darwin where all existing facilities are there to produce LNG. Any new expense will be in pipe line to BAYU and a couple of underwater well heads.
Have heard a rumour the COP are in discussions with other oil and gasies along the new pipeline route, whos fields would be too expensive to set a production facility to tee into the new pipe line to take advantage of the existing COP facilities.
Be patient this will be BIG.
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COP would not be involved in anything to risky, BOP is not...
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Last
$1.90 |
Change
0.010(0.53%) |
Mkt cap ! $1.523B |
Open | High | Low | Value | Volume |
$1.90 | $1.91 | $1.88 | $8.431M | 4.439M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 57900 | $1.89 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.90 | 141847 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 37900 | 1.890 |
3 | 64620 | 1.885 |
6 | 39862 | 1.880 |
1 | 5172 | 1.875 |
4 | 12222 | 1.870 |
Price($) | Vol. | No. |
---|---|---|
1.900 | 16015 | 3 |
1.905 | 5952 | 2 |
1.910 | 88739 | 6 |
1.915 | 49133 | 7 |
1.920 | 169337 | 6 |
Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
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KAR (ASX) Chart |