KAR 7.35% $1.58 karoon energy ltd

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  1. 2,164 Posts.
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    Does anyone know the timeframe for a tie back to be built from neon and goia to Bauna.

    Assume settles Q1 2020 obviously they are going to schedule to drill patoola and ramp up production to ~33k barrels.

    My question is if they move on production drilling and tie backs what's the timeframe once that decision has been made?

    50000 barrels and little to no debt sounds like mana from heaven to invest in.

    I'd say we are looking at a big leg up back to $1.70 range come Q1 when Bauna is finalised.

    IMO
 
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