KAR 3.75% $1.94 karoon energy ltd

Ya, Is the North West Shelf just the one oil field with 2...

  1. 1,127 Posts.

    Ya,
    Is the North West Shelf just the one oil field with 2 platforms & a mix of failed & producing wells? Whereas Poseidon and Kontiki are 2 separate fields. Because the North West Shelf is a vast area of WA I used to think it referred to different oil fields.

    Thanks for correcting Skybiz's rather premature estimate of Karoon,s Oz gas reserves. A few weeks ago the Victorian Minister of Oil , or Energy, said that Victoria(Bass Straight) produced 70% of Australian gas. With all the devpt in WA now, surely WA must be approaching
    50%?
 
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