KAR 4.92% $1.92 karoon energy ltd

conoco believe poseidon will be commercial.

  1. 1,325 Posts.
    At the credit suisse 2010 energy conference clayton reasor vice president of conoco phillips presented during the presentation he class posiedon as 1 of 2 major descoveries in 2009 .

    He further said that they believe that poseidon will be commercial but are not yet prepared to give the estimated size of the field.

    you can listen to the presentation here :

    http://event.on24.com/eventRegistration/EventLobbyServlet?target=lobby.jsp&eventid=190160&sessionid=1&key=82075A9C480604DCBDF91A2C30A153F7&eventuserid=32804901

    this presentation was yesterday ,so they would have details of the p2 results and still believe is commercial .

 
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