ALAN KOHLER: How do those indications compare with the original north west shelf discovery that Woodside found?
BOB HOSKING: They are comparable, yeah.
ALAN KOHLER: Because some people calling Karoon the new Woodside?
BOB HOSKING: Yeah, well we would hope that we've got that potential, Alan, yeah.
-----------------------------------------------------------
Here's a translation for the uninitiated to NW Shelf.
NWS: Is a JV betn 6 consortium's located offshore in the Carnarvon Basin which is South of Browse basin.
- The 6 players are Woodside, BHP, BP, Chevron, Shell & MIMI (Mitsui-Mitsubishi JV) each with 16.7% interest. (i.e. 1/6th). Woodside are the Operator.
- It has Gas Reserves of 33 TCF.
- Uses 2 platforms (Goodwyn & North Rankin 'A' NRA) & an FPSO - the Cossack Pioneer. A 3rd platform NRB is being commissioned by 2013 & will target low pressure gas.
- Has long term gas sales/ LNG contract in place, besides catering to domestic market in WA.
- Majority of the gas (90%) is for large scale industrial sector while the resst caters to the residential market & light industrial mkt.
------------------------------------------------------------
Time will tell how well Karoon's current estimates of 20 TCF compares against 33 Tcf of 6 big-players. Hopefully by Nov-Dec. In the meantime, its all about In-ground Reserves!! Production, development & marketing is slated for 2013.
For now, its time to KAR-ry on Dreamin'!!
- Forums
- ASX - By Stock
- kar-ry on....dreaming !!
ALAN KOHLER: How do those indications compare with the original...
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KAR (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.55 |
Change
0.005(0.32%) |
Mkt cap ! $1.207B |
Open | High | Low | Value | Volume |
$1.56 | $1.56 | $1.54 | $2.383M | 1.540M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 5725 | $1.55 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.56 | 104227 | 22 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 4942 | 1.550 |
22 | 83068 | 1.545 |
20 | 166695 | 1.540 |
11 | 107752 | 1.535 |
12 | 41572 | 1.530 |
Price($) | Vol. | No. |
---|---|---|
1.555 | 106878 | 26 |
1.560 | 143854 | 15 |
1.565 | 108866 | 14 |
1.570 | 44619 | 10 |
1.575 | 384814 | 6 |
Last trade - 10.56am 11/10/2024 (20 minute delay) ? |
Featured News
KAR (ASX) Chart |
The Watchlist
EL8
ELEVATE URANIUM LTD
Murray Hill, MD & CEO
Murray Hill
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online