KAR 1.63% $1.81 karoon energy ltd

hold on to your hats, page-14

  1. 1,268 Posts.
    3-D seismic proves up nothing, it's only a tool to pick targets. I spent 24 years in seismic until recently retiring. It will take at least a year or more to generate targets from the 3-d dataset after completion of the survey. You don't poke $70,000,000.00 to $100,000,000.00 holes until you're pretty sure. Until the rotary lie detector goes down, nothing is certain. But that doesn't lessen my positive feel for Santos.
 
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