KAR 1.25% $1.78 karoon energy ltd

monday 6/12 announcement, page-2

  1. 1,363 Posts.
    crayfish equivalent target? They're at 1500m deep. Well past coal seams and CSG. Next stop 2000m where they hit so called "Crayfish Equialent" sandstone. I've requested via email to the company just what they might expect from this "crayfish". At this point I believe its natural gas as opposed to CSG. The market will appreciate gas more so than CSG.
    Anyone else got info on Crayfish equivalent and what it holds?


    cheers, stainless
 
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