KAR 0.53% $1.90 karoon energy ltd

Salient Trader,The announcement did come out last Friday and...

  1. 809 Posts.
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    Salient Trader,

    The announcement did come out last Friday and said they were drilling into the target zone of the Plover sands.

    I think we should be patient for a few more days yet.
    Remember, COP are the operator and are calling the shots.

    No leaky ship here I believe, as with the Proteus, which announced gas on the day of the fortnightly report. I hope we dont have to wait until friday week.

    My hope is a trading halt, and an announcement before that.
    However with a 15-30 % success rate on this hole it is a tremendous risk.

    I just hope as Mark Smith ,alais the Gas Sniffer, said at the AGM......"Watch this Space".

    Cheers,

    J L .
 
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