KAR 1.79% $1.38 karoon energy ltd

different to p1

  1. 961 Posts.
    P1 they announced gas reading in the non-reservior section.
    and then
    Hydrocarbon showings as soon as they hit them in the main reservoir.

    Logically - they would definately be hitting the main structure now - but they are much more tight lipped.

    Being in the ASX150 makes a big difference
    ALSO,
    COP shareholders now also follow KAR announcements, a potential increase in MV of COP of 2-5B is significant to them also and will need to be cleared by both companies.

    I predict TD will happen by Monday - I would think that will definately get us an announcement.

 
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