KAR 0.68% $1.82 karoon energy ltd

Yes, the reply to Cato would have been from an "underling" but...

  1. 242 Posts.
    Yes, the reply to Cato would have been from an "underling" but most likely dictated from higher up the chain. The underling is most likely the PA to a board member

    The wording is pretty good and appears specific having dealt with Chinese companies over the last 5 years.

    2P - proven and probable - COP and PertoChina must have a good idea on results

    ...and "condensate" oil 10 million tons.. - this is what KAR is looking for to fund CAPEX. Using Santos conversion calculator ( http://www.santos.com/conversion-calculator.aspx ) equates to 90 mboo @ $90*40/100 = $3240 Million KAR's share?????????

    It will be interesting to see the official results
 
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