KAR 2.81% $1.83 karoon energy ltd

Sorry to put a dampener on such a positive day SP (and Browse...

  1. 1,694 Posts.
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    Sorry to put a dampener on such a positive day SP (and Browse confirmation) wise but ..

    Slightly disappointed by the different timelines put on Santos drilling -

    p2 "5-8 well South American exploration drilling to start 2nd quarter 2012"

    p11 "Forward plans; Drill 3 wells starting 3rd quarter 2012 with Blackford Dolphin. Program to last 6 to 9 months."

    Given the (not KAR driven) delays over the last 12 months the last thing the company needs is a muddled communication on SA drilling!
 
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