KAR 1.32% $1.87 karoon energy ltd

drilling progress report, page-19

  1. 1,218 Posts.
    My theory is that the gas pressure is so great that it is causing resistance to the drilling rig, thus slowing the process.

    In this situation they need to be pull off on the torque and reduce pace to lower the risk of gas explosions.

    Remember it is a matter of how much gas, not if they find it or not.

    Just an opinion i thought I would throw into the fray.
 
watchlist Created with Sketch. Add KAR (ASX) to my watchlist
(20min delay)
Last
$1.87
Change
-0.025(1.32%)
Mkt cap ! $1.498B
Open High Low Value Volume
$1.86 $1.87 $1.84 $8.261M 4.448M

Buyers (Bids)

No. Vol. Price($)
1 5493 $1.86
 

Sellers (Offers)

Price($) Vol. No.
$1.87 48154 5
View Market Depth
Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
KAR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.