Karoon Gas is up $1.35 for Friday and up $1.80 for the week on...

Karoon Gas is up $1.35 for Friday and up $1.80 for the week on the back of an oil discovery in Brazil.

Karoon made comment on the 3d seismic data.

You can expect the same price jump on a discovery in Vietnam. Although I have not researched the reports I would be very surprised if Karoon had de risked the project to the extent that Neon has. I have said previously that Nen has all the markings of another Karoon.