KAR 4.92% $1.92 karoon energy ltd

event horizon, page-13

  1. 1,325 Posts.
    Hi baraka ,

    So true ,this report is great news .... 37 mtrs cored drilled to 5249 mrts only 73 mtrs to go ,i think they may core again before total depth .

    Great news because they are almost at target depth and have said ...hey guys we are staying here at $400,000 a day for the next 3 weeks because as panda man stated there is nothing there .... : 0 .

    They don t need to core the whole lot 37 mts sliced up near the top and maybe some more at the bottom .

    the 37 mts will give them a clear indication of the reservoir sands permeability ,quality etc .

    if you notice they said drilling (CORING)and wire logging will take another 20 days ,so a planned additional coring as i said may take place before td .

    i feel this is big guys hold on tight : )
 
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