KAR 2.84% $1.88 karoon energy ltd

how big is 4 tfc , page-8

  1. 1,268 Posts.
    Denben,

    Bass Strait was an oilfield with associated gas in relatively shallow waters, and a nearby market. The associated gas was a minor bonus for the oil field. NW gas has no oil and is a long, expensive trek to market. 3 TCF is pretty minor for those type of fields. Possibly someday if floating LNG plants become a reality it could be developed. But that's still years away as the concept is still in early design phase.
 
watchlist Created with Sketch. Add KAR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.