KAR 4.92% $1.92 karoon energy ltd

Assuming Posiedon is only 5 TCF with a liquids yield of only...

  1. 172 Posts.
    Assuming Posiedon is only 5 TCF with a liquids yield of only 9.5bbl/mcf and therfore not viable as a standalone LNG development,KAR should still sell it's 40% for $700m or $3.80 /sh. With plenty of interest. Which makes KAR'S South American assets worth $2/sh

    No wonder why Bob wants to seperate o/s venture.

    See ipsy got a thumbs up, must be a newby to hot copper, miracles do happen.


    Keep the faith Go the Gas
 
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