My take was that KAR are committed to drilling the Lion Structure.
Not just a certain amount of wells in that block - but specifically certain structures.
I agree that they are doing it now because the Kronos 3d isn't ready and the timing suits.
I was also told that they wouldn't drill Lion if they had the choice.
Worth remembering when it finds nothing and the market reacts.
My take was that KAR are committed to drilling the Lion...
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$1.57 |
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