KAR 4.67% $1.53 karoon energy ltd

It's time for some thoughts on drilling in Brazil. The lady...

  1. 812 Posts.
    lightbulb Created with Sketch. 12
    It's time for some thoughts on drilling in Brazil. The lady president is impeached ....Petrobras is government owned and is broke.....Hmm any opportunity for Karoon here ? .....Our Canadian partners are broke as well and may loose their equity in our wells. Our resource size is not yet confirmed for commercial development.
    What if Karoon get a dirt cheap Petrobras producing well near Echidna ? What if our Canadian partners sell off their share to a new private equity company who want more of our share ? Pure speculation on my behalf however I am sure our management team would be working hard along these lines. Or are they ?
    Cheers,
    J L.
 
watchlist Created with Sketch. Add KAR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.