dear friends, page-71

basing investment decisions on quality of HC posters hmmm

but BRU is worth the time to research. The Caning basin is no slouch.

back to KAR - this is what pacific rubiales said about their Brazil exploration in the quarterly released last night (nothing new):

During the quarter, two exploration wells (Kangaroo-1 and Emu-1) were drilled as part of a farm-in agreement covering five blocks in the offshore Santos Basin. The Kangaroo-1 well encountered an 82 foot gross (58 foot net pay) oil reservoir section in a down flank position in an Eocene structure. The operator of the blocks, Karoon Gas is planning to drill an appraisal well to the Kangaroo discovery later in the year. The Emu-1 well failed to encounter pay zones and was plugged and abandoned. The Company is participating in a third option well (Bilby-1) which has resulted in an oil discovery in a late Cretaceous reservoir interval as indicated from wireline logs and pressure and fluid samples. Additional evaluation of the oil zone is ongoing, and the well is expected to continue drilling to a total depth of approximately 15,050 feet during May 2013.