KAR 0.69% $1.82 karoon energy ltd

drilling progress report, page-36

  1. 1,325 Posts.
    Im sure if the offer is right it will be conoco given the first choice ....or should be anyway .they had the faith to partner karoon to make this all possible ,why would they turn down this monster if we hit paydirt .just imagine if they spent 5 billion to buy our shares on market for $35 with 3 billion to develop thats a total of 8 billion .thats less then the origin deal.

    just 6 tcf at 60 billion it would seem like a cheap buy at $35 per share .imagine if all 3 well come in : )

    not trying to ramp but these are actually very conservative amounts.remember its a very small company in very large elephant country.


    Will be getting down to the nitty gritty on drilling now : )

    GO THE GA$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$












 
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